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.

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 Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..