Shares of Vascon Engineers Ltd. surged over 15% to ₹51.51 in early trade on May 15 after the company reported a strong set of earnings for the March quarter. The stock opened higher and continued to rally following its Q4 FY25 results that showed significant growth across key financial metrics.
The company’s consolidated net profit for the quarter stood at ₹34.8 crore, more than doubling from ₹16.8 crore in the same quarter last year, marking a 107% year-on-year increase. The sharp rise in profitability was attributed to robust execution in both its real estate and construction business segments.
Revenue for Q4 FY25 soared 65.7% to ₹387 crore, compared to ₹233.5 crore in Q4 FY24, driven by accelerated completions and improved sales traction in premium projects across key urban markets. EBITDA also rose by 87.5% year-on-year to ₹37.5 crore, with margins expanding to 9.7% from 8.6% a year ago, reflecting improved cost controls.
Adding to the positive sentiment, the company announced the sale of its 5% stake in Ascent Hotels to Samhi Hotels for ₹45 crore. This divestment is expected to boost liquidity and enable Vascon to sharpen its focus on its core construction and real estate operations.
Vascon Engineers is actively expanding its residential and commercial portfolio and is focusing on strengthening its financial position through strategic initiatives and operational efficiency.
With strong execution, improved margins, and a strategic roadmap in place, analysts expect the company to maintain its growth momentum in the coming quarters. The stock’s sharp rise positions it among the top gainers on the NSE today.
