IRCON International Limited reported its Q1 FY26 financial results, showing a notable decline in both revenue and profitability on a year-on-year basis.
For the quarter ended June 30, 2025, the company posted a net profit of ₹164.10 crore, down 26.8% compared to ₹224.03 crore in Q1 FY25. Consolidated total income from operations fell to ₹1,786.28 crore, marking a 21.9% decline from ₹2,287.13 crore in the same period last year.
Profit before tax stood at ₹211.53 crore, compared to ₹281.81 crore in Q1 FY25. The company’s total comprehensive income also declined to ₹163.70 crore from ₹224.36 crore a year earlier.
Earnings per share (EPS) came in at ₹1.75, down from ₹2.38 in Q1 FY25.
The drop in performance was driven by lower execution during the quarter. However, IRCON’s order book and project pipeline remain robust, and the management is optimistic about improving execution in upcoming quarters.