K2 Infragen Reports Robust FY24 Financial Results

·  Company is looking at international expansion with infrastructure projects in Africa & Middle East regions. Initial projects shall commence in FY 24-25.

· Company is also eying association with a road infrastructure major for a road development project under HAM model in India

·   Company is in discussion for new orders both nationally & internationally in Water Supply Works, Road and T&D infrastructure domain which will most likely add Rs 800 Crore in FY 24-25 order book which shall help create a cumulative order book of Rs 1000 Crore + by the Financial Year end.

 Commenting on the strong performance, Mr. Pankaj Sharma, the Managing Director of K2 Infragen Ltd, said “We are pleased to share our robust FY24 results. Our focus on a machinery-based business model has allowed us to optimize efficiency and scale new heights in the industry. Our revenue growth is in line with the expectations & that too with EBIDTA margins better than industry average. Our continuously augmenting order book and expanding executional capabilities underscores our commitment towards supporting government’s infrastructure development initiatives. We are also eyeing overseas infrastructure projects in developing countries & also association with international infrastructure majors as a first step towards enabling a global footprint for K2

Our existing & continued association with industry giants and active involvement in prominent projects such as Bharatmala Pariyojna and the Jal Jeevan Mission highlight our dedication to quality, innovation, and timely project delivery. Looking ahead, we remain focused on leveraging government projects and to drive further growth. We are confident in our strategy and our ability to deliver exceptional value to our stakeholders, thereby solidifying our position as a leading player in the infrastructure sector."