Q4 net profit: Ircon International sees a rise of 15%

22 May 2024 CW Team

Ircon International announced that, for the March 2024 quarter, its earnings after tax increased by 15.1% to Rs 2.85 billion. According to a statement from Ircon International, the company recorded a profit after tax (PAT) of Rs 2.48 billion for the March quarter of 2022?23.

From Rs 7.65 billion in FY23 to Rs 9.30 billion in FY24, profit after tax climbed by 21.5%. The company's total sales increased by 0.6% to Rs 37.96 billion from Rs 37.73 billion in the same period last year. The business had a total order book of Rs 272 billion as of March 31, 2024. A final dividend of Rs 1.30 per equity share on a face value of Rs 2 per share has been proposed by the company's board for FY24. State-owned Ircon International Ltd. is a leading turnkey construction company. The company has executed projects in the areas of railway construction, including ballastless track, electrification, tunnelling, signalling, and telecommunication.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

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Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..