Financial Highlights
- Revenue from Operations: IRCON International reported consolidated revenue of ₹2,447.52 crore for Q2 FY25, reflecting a decrease of 19.3% compared to ₹3,033.27 crore in Q2 FY24. On a quarter-over-quarter (QoQ) basis, revenue increased by 7% from ₹2,287.13 crore in Q1 FY25.
- Net Profit Before Tax: The net profit before tax for Q2 FY25 stood at ₹262.34 crore, down 20.1% YoY from ₹328.36 crore in Q2 FY24. QoQ, this represents a decrease of 6.9% from ₹281.81 crore in Q1 FY25.
- Net Profit After Tax (PAT): The company recorded a PAT of ₹205.92 crore in Q2 FY25, reflecting a 17.7% YoY decline from ₹250.78 crore in Q2 FY24. Compared to Q1 FY25, PAT decreased by 8.1% from ₹224.03 crore.
- Earnings Per Share (EPS): The basic and diluted EPS for Q2 FY25 stood at ₹2.19, compared to ₹2.45 in Q2 FY24, showcasing a decline in earnings per share.
Summary Despite a YoY decline in revenue and profitability, IRCON International demonstrated resilience with a QoQ increase in revenue, indicating steady operational growth. The company remains focused on executing its projects efficiently to maintain robust performance in the upcoming quarters.