Vascon Engineers Reports Steady Q2 With Strong EPC Growth

14 Nov 2025 CW Team

Vascon Engineers Ltd., one of India’s leading EPC and real-estate companies with a legacy of nearly four decades, has announced its unaudited results for the quarter ended 30 September 2025.

Managing Director Siddharth Vasudevan Moorthy said the company delivered consistent operational performance in Q2 FY26, supported by steady revenue growth and healthy profitability. The EPC division remained the primary growth driver, contributing Rs 4.31 billion in revenue during H1 FY26 with a gross profit margin of 13 per cent. Vascon now has a robust EPC order book of Rs 28 billion — 2.8 times its FY25 EPC revenue — with 74 per cent comprising government projects, providing predictable cash flows. During the first half, the company secured new EPC orders worth Rs 3.86 billion from Royal Rides Private Limited and Saudamini Building MSEBHCL.

The residential real-estate business continued to benefit from strong sectoral tailwinds, including rising disposable incomes, stable interest rates and supportive policy reforms. In H1 FY26, Vascon recorded new sales bookings totalling 64,541 sq ft, valued at Rs 740 million, with collections of Rs 880 million. The company launched Tulip Phase 3 in Coimbatore, Tower of Ascend in Kharadi and Orchids in Santacruz. Upcoming launches in Santacruz, Powai (Mumbai) and Baner–Pashan (Pune) carry an estimated sales potential exceeding Rs 11 billion.

Moorthy said the long-term outlook for both EPC and real estate remains strong, adding that Vascon’s strategic focus on key markets such as Mumbai and Pune, combined with its dual strengths in construction and development, positions the company for sustained growth.

Key Highlights for H1FY26

Total EPC Income: Rs 4.31 billion

Real Estate Income: Rs 220 million

Total Order Book: Rs 28 billion

New Orders Secured: Rs 3.86 billion

MoU with Adani: Contribution towards 13.35 million sq ft

Vascon Engineers Ltd., one of India’s leading EPC and real-estate companies with a legacy of nearly four decades, has announced its unaudited results for the quarter ended 30 September 2025. Managing Director Siddharth Vasudevan Moorthy said the company delivered consistent operational performance in Q2 FY26, supported by steady revenue growth and healthy profitability. The EPC division remained the primary growth driver, contributing Rs 4.31 billion in revenue during H1 FY26 with a gross profit margin of 13 per cent. Vascon now has a robust EPC order book of Rs 28 billion — 2.8 times its FY25 EPC revenue — with 74 per cent comprising government projects, providing predictable cash flows. During the first half, the company secured new EPC orders worth Rs 3.86 billion from Royal Rides Private Limited and Saudamini Building MSEBHCL. The residential real-estate business continued to benefit from strong sectoral tailwinds, including rising disposable incomes, stable interest rates and supportive policy reforms. In H1 FY26, Vascon recorded new sales bookings totalling 64,541 sq ft, valued at Rs 740 million, with collections of Rs 880 million. The company launched Tulip Phase 3 in Coimbatore, Tower of Ascend in Kharadi and Orchids in Santacruz. Upcoming launches in Santacruz, Powai (Mumbai) and Baner–Pashan (Pune) carry an estimated sales potential exceeding Rs 11 billion. Moorthy said the long-term outlook for both EPC and real estate remains strong, adding that Vascon’s strategic focus on key markets such as Mumbai and Pune, combined with its dual strengths in construction and development, positions the company for sustained growth. Key Highlights for H1FY26 Total EPC Income: Rs 4.31 billion Real Estate Income: Rs 220 million Total Order Book: Rs 28 billion New Orders Secured: Rs 3.86 billion MoU with Adani: Contribution towards 13.35 million sq ft

Infrastructure Urban

09 Apr 2026

Mineral Auction Rules Amended To Speed Mine Operationalisation

The Ministry of Mines notified the Mineral (Auction) Second Amendment Rules, 2026 on 30 March 2026 to accelerate operationalisation of mines and improve ease of doing business in the mining sector. The amendment follows a prior change to the Mineral (Auction) Rules, 2015 effected on 17 October 2025 that introduced intermediary timelines between issuance of a letter of intent (LoI) and execution of the mining lease. The 2025 change provided that one per cent of performance security would be appropriated for each month of delay by the preferred bidder and introduced incentives for early operatio..

Infrastructure Transport

09 Apr 2026

Indian Railways Strengthens Telecom And AI Safety Systems

Indian Railways strengthened its telecom and digital infrastructure during 2025-26 with the aim of improving safety, operational efficiency and the passenger experience. The programme promoted modernisation through advanced technologies, robust communication systems and passenger-centric solutions. These measures were presented as part of a drive to build a digitally integrated rail ecosystem. A key development was the enhancement of the Internet Protocol Multi-Protocol Label Switching (IP MPLS) backbone, commissioned at 1,396 stations to meet bandwidth needs of mission-critical applications. ..

Infrastructure Transport

09 Apr 2026

NHAI Holds Workshop on Litigation Management and Coordination

The National Highways Authority of India (NHAI) organised a day-long workshop in New Delhi to strengthen capacity and interdepartmental synergy for faster execution of national highway projects. The event was held under Mission Karmayogi – Sadhana Saptah, an initiative of the Government of India to enhance governance through capacity building and improved processes. The workshop focused on structured and solution oriented deliberations to address implementation constraints. The session was chaired by the NHAI chairman Santosh Kumar Yadav and brought together senior officials from NHAI, the M..