+
Vascon Engineers Reports Steady Q2 With Strong EPC Growth
Real Estate

Vascon Engineers Reports Steady Q2 With Strong EPC Growth

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

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code