Ircon Q1 Profit Falls to Rs 1.64 Bn

07 Aug 2025 CW Team

Profit before tax dropped to Rs 211.5 million from Rs 281.8 million, and profit after tax declined to Rs 164.1 million, compared to Rs 224.0 million in Q1 FY25. Earnings per share (non-annualised) for the quarter stood at Rs 1.75 per share with a face value of Rs 2.

On a sequential basis, total income fell from Rs 3.52 billion in Q4 FY25 to Rs 1.89 billion in Q1 FY26, while revenue from operations dropped from Rs 3.41 billion to Rs 1.79 billion. EBITDA also saw a dip from Rs 357.5 million in Q4 FY25, while profit before and after tax decreased from Rs 263.1 million and Rs 211.8 million respectively.

The company’s total order book as on 30 June 2025 stood at Rs 20.97 billion, comprising Rs 15.72 billion in railways, Rs 4.23 billion in highways, and Rs 1.02 billion from other sectors.

India's infrastructure sector is witnessing a significant transformation driven by strategic government initiatives, increased private participation, and rapid urban development. Programmes such as PM Gati Shakti, the National Logistics Policy, Bharatmala, and Sagarmala aim to overhaul the country’s connectivity and logistics networks. Urban development is also being propelled by the Pradhan Mantri Awas Yojana, the Smart Cities Mission, and enhanced public transit through Metro Rail and NaMo Bharat. Ircon is well-positioned to capitalise on these emerging opportunities within India's growing infrastructure landscape.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Ircon International Limited, a Navratna public sector enterprise under the Ministry of Railways, has reported its consolidated financial results for the quarter ended 30 June 2025, showing a decline in both revenue and profit compared to the same period last year. Total income for Q1 FY26 stood at Rs 1.89 billion, down from Rs 2.39 billion in Q1 FY25. Revenue from operations also declined to Rs 1.79 billion from Rs 2.29 billion a year earlier. The company’s EBITDA stood at Rs 323.9 million with an EBITDA margin of 17.1 per cent, compared to Rs 357.4 million in the same quarter of the previous fiscal.Profit before tax dropped to Rs 211.5 million from Rs 281.8 million, and profit after tax declined to Rs 164.1 million, compared to Rs 224.0 million in Q1 FY25. Earnings per share (non-annualised) for the quarter stood at Rs 1.75 per share with a face value of Rs 2.On a sequential basis, total income fell from Rs 3.52 billion in Q4 FY25 to Rs 1.89 billion in Q1 FY26, while revenue from operations dropped from Rs 3.41 billion to Rs 1.79 billion. EBITDA also saw a dip from Rs 357.5 million in Q4 FY25, while profit before and after tax decreased from Rs 263.1 million and Rs 211.8 million respectively.The company’s total order book as on 30 June 2025 stood at Rs 20.97 billion, comprising Rs 15.72 billion in railways, Rs 4.23 billion in highways, and Rs 1.02 billion from other sectors.India's infrastructure sector is witnessing a significant transformation driven by strategic government initiatives, increased private participation, and rapid urban development. Programmes such as PM Gati Shakti, the National Logistics Policy, Bharatmala, and Sagarmala aim to overhaul the country’s connectivity and logistics networks. Urban development is also being propelled by the Pradhan Mantri Awas Yojana, the Smart Cities Mission, and enhanced public transit through Metro Rail and NaMo Bharat. Ircon is well-positioned to capitalise on these emerging opportunities within India's growing infrastructure landscape.

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

Real Estate

10 Jul 2026

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Real Estate

10 Jul 2026

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..