K2 Infragen Reports Robust FY24 Financial Results

·Company is looking at international expansion with infrastructure projects in Africa & Middle Eastregions.InitialprojectsshallcommenceinFY24-25.

·Companyisalso eyingassociationwitharoadinfrastructuremajor foraroaddevelopment project underHAMmodelinIndia

·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 24-25orderbookwhichshallhelpcreateacumulativeorderbookofRs1000Crore+bytheFinancialYearend.

Commenting on the strong performance, Mr. Pankaj Sharma, the Managing Director of K2Infragen Ltd, said “We are pleased to share our robust FY24 results.Our focus on a machinery-basedbusinessmodelhasallowedustooptimizeefficiencyandscalenewheightsintheindustry.Ourrevenuegrowth is in line with the expectations & that too with EBIDTA margins better than industry average. Ourcontinuously augmenting order book and expanding executional capabilities underscores our commitmenttowards supporting government’s infrastructure development initiatives.We are also eyeing overseasinfrastructure projects in developing countries & also association with international infrastructure majors asafirststeptowardsenablingaglobalfootprintforK2

Ourexisting&continuedassociationwithindustrygiantsandactiveinvolvementinprominentprojectssuchasBharatmalaPariyojnaandtheJalJeevanMissionhighlightourdedicationtoquality,innovation,andtimelyproject delivery. Looking ahead, we remain focused on leveraging government projects and to drive furthergrowth.Weareconfidentinourstrategyandourabilitytodeliverexceptionalvaluetoourstakeholders,therebysolidifyingourpositionasaleadingplayerintheinfrastructuresector."