IRCON International Limited, a leading infrastructure and engineering company, has announced its financial results for the third quarter of FY25. The company reported a 13.2% year-on-year (YoY) increase in net profit, while revenue declined due to project completion cycles and cost adjustments.
Key Financial Highlights (Standalone)
- Q3 Revenue: ₹2,470.35 crore, down 11.5% YoY from ₹2,792.14 crore in Q3 FY24.
- Nine-Month Revenue: ₹6,949.69 crore, down 16.3% YoY from ₹8,301.42 crore.
- Net Profit for Q3: ₹140.65 crore, up 13.2% YoY from ₹124.27 crore.
- Nine-Month Net Profit: ₹519.38 crore, down 10% YoY from ₹577.22 crore.
- Earnings Per Share (EPS): ₹1.50 for Q3 FY25, compared to ₹1.97 in Q3 FY24.
Key Financial Highlights (Consolidated)
- Q3 Revenue: ₹2,612.86 crore, down 10.8% YoY from ₹2,929.54 crore in Q3 FY24.
- Nine-Month Revenue: ₹7,347.51 crore, compared to ₹8,726.65 crore in the previous year.
- Net Profit for Q3: ₹86.10 crore, down 64.8% YoY from ₹244.70 crore.
- Nine-Month Net Profit: ₹516.05 crore, compared to ₹682.85 crore in the prior period.
- Interim Dividend: The Board declared an interim dividend of ₹1.65 per equity share (82.50% of face value ₹2 per share) for FY25.
- Record Date: Set for 17th February 2025, with dividend payments beginning 28th February 2025.
- Compliance Officer Change: Smt. Pratibha Aggarwal has been appointed as the new Compliance Officer, replacing Shri Ankit Jain due to regulatory changes.
IRCON International remains focused on railway, road, and infrastructure projects both in India and overseas. Despite revenue fluctuations, the company continues to maintain strong profitability and order execution efficiency. The company’s ongoing expansion in international markets and strategic projects in India are expected to drive future growth.