New Delhi, Jan 30 (PTI) Engineering, procurement and construction company KEC International on Tuesday posted multi-fold jump in its consolidated net profit at Rs 96.87 crore in the quarter ended December 2023, aided by higher income.

It had clocked a net profit of Rs 17.60 crore during the October-December quarter of the preceding fiscal, the company said in an exchange filing.

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The company's total income rose to Rs 5,032.70 crore from Rs 4,376.34 crore in the year-ago quarter.

Expenses stood at Rs 4,911.98 crore as against Rs 4,364.91 crore in the third quarter of last financial year.

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KEC International, a global infrastructure engineering, procurement and construction (EPC) major, has presence in sectors like power transmission and distribution, railways, civil, urban infrastructure, solar, oil & gas pipelines, and cables.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)