However, with marginal revenue, the EPC business will continue to move forward in the company’s profit and loss statements as the Kei Industries is not planning to complete the exit from the segment, Gupta revealed.
“Our EPC revenue is hardly 400 crores, which is just 5% of our turnover. Secondly, we do not plan to get out completely. We will continue to maintain a business of Rs 400-500 crore in the EPC segment.
“We are taking a maximum of one project in a year to maintain our presence in this business. However, we are not focused, ”said the top executive.
Kei Industries shares on Wednesday dropped 3% on NSE to touch the Intrade low of Rs 3,910.40. The stock was flat at Rs 4,000 per share at 1:22 pm. The benchmark Nifty 50 was also flat at that time at 23,023.95 points.
(Tagstotransite) EPC Industries Limited (T) Bqfree (T) BQMETERED
