KEI Industries net profit rises 134.57% in the September 2009 quarter

Online, November 21, 2009 (Newswire.com) - KEI not only maintained its sales at Rs. 1055.76 cr, a 7.65% growth in 2008-09 over the previous year, but more importantly worked relentlessly on delivering on its promises & plans, which is a testament of the inherent strength and character of the company. Despite inadequacies of profits, the board has recommended a dividend payout, with the objective of rewarding shareholders for the trust they have shown in KEI at all times.

KEI strongly believe that the worst is truly behind us & an exciting future beckons all of us, especially with India looking much better on the business perspective. The spurt in demand- especially in the power & infrastructure sectors- coupled with the recommencement of industrial expansion projects, which were put on hold since October 2008, have started taking off. Add to that the upswing in core sector growth rates- cement, steel, coal & the scenario is one of healthy revival and clear reasons for the restoration of optimism.

Net profit of KEI Industries rose 134.57% in the quarter ended September 2009

KEI Industries Limited

Corporate Office: D-90, OKHLA INDUSTRIAL AREA PHASE -I,
NEW DELHI -110020, INDIA
Telephone: 011-26818840 / 8642 / 0242
Fax: 011-2681 1959 / 7225
E-mail: [email protected]
http://www.kei-ind.com