Ircon International Limited (IRCON) commenced its business in 1976 as a railway construction company, it diversified progressively since 1985 as an integrated engineering and construction PSU specializing in large and technologically complex infrastructure projects in various sectors such as railways, highways, etc.
Financial Results:
- Ircon International Ltd reported Revenues for Q1FY24 of ₹2,717.00 Crores up from ₹2,002.00 Crore year on year, a rise of 35.71%.
- Total Expenses for Q1FY24 of ₹2,565.00 Crores up from ₹1,895.00 Crores year on year, a rise of 35.36%.
- Consolidated Net Profit of ₹187.00 Crores up 28.97% from ₹145.00 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹1.99, up 29.22% from ₹1.54 in the same quarter of the previous year.