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Though there is a decline in sales in value terms in comparison to last year due to low sales realization coupled with margin pressure and competition. However, the company has been able to achieve a growth of approx.11% in volume terms i.e. in terms of quantity.. 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.

 

 







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