Knowledge Marine raises FY27 revenue growth guidance to 80% as dredging projects gather pace
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- ✓Knowledge Marine raised its FY27 revenue growth guidance to 80% from 60% due to strong dredging projects.
- ✓CEO Sujay Kewalramani said, "We have entered large-volume business, and we are looking to see an uptick in the margins as well." The company expects its order book to cross ₹2,000 crore this year.
Story at a Glance
- Category
- Indian Markets
- Reported By
- cnbctv18
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Knowledge Marine has raised its FY27 revenue growth guidance to 80% from 60%, backed by maintenance dredging contracts and a growing order pipeline. The company expects its order book to cross ₹2,000 crore by the end of the financial year and sees EBITDA margins improving as high-volume dredging projects begin contributing.
Knowledge Marine & Engineering has raised its revenue growth guidance for the financial year 2026-27 (FY27) to 80%, citing strong execution, a growing order pipeline and the commencement of large maintenance dredging projects.
Sujay Kewalramani, CEO of Knowledge Marine & Engineering, said the order book is expected to cross ₹2,000 crore before the end of the financial year.
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