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 Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Infrastructure Urban

01 Jun 2026

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Infrastructure Urban

01 Jun 2026

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..