Q1 2024 KEC International Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to KEC International Limited Q1 FY '24 Results Conference Call.
We have with us today from the management Mr. Vimal Kejriwal, Managing Director and CEO; and Mr. Rajeev Agarwal, CFO. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Vimal Kejriwal. Thank you, and over to you, sir.
Thanks, [Niral]. Good morning. We welcome you all to the Q1 earnings call of KEC. Let me start with an update on the key developments during the quarter and thereafter talk on the overall financial performance of Q1, along with highlights of the respective businesses.
We continue to deliver a sequential improvement in EBITDA margin quarter-over-quarter. The margin has improved sequentially by 140 basis points in the last 3 quarters from 4.4% to 5.8% and has improved by 70 basis points from 5.1% in Q1 last year to 5.8% this quarter. In SAE, I'm pleased to share that we have successfully
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