Ircon International Ltd

The order is valued at Rs 127,80,36,115.49 and is to be executed within 24 months from the date of issuance of the letter of acceptance (LoA). The scope of work includes the design, manufacture, supply, installation, testing, and commissioning of a microprocessor-based EI system (with an inbuilt block instrument in EI) as per RDSO specifications at 20 stations of the Ajmer Division. The project also includes automatic block signalling and associated indoor and outdoor works related to signalling and telecom systems/gears. IRCON International is a Navratna, public-sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar, and Sri Lanka). IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023. Powered by Capital Market - Live

Ircon International announced that S&T (Construction), North Western Railway, Indian Railways has awarded the work to the company for Design, Manufacture, Supply, Installation, Testing & Commissioning of Microprocessor based EI system (with inbuilt Block Instrument in EI) as per RDSO Spec at 20-stations of Ajmer Division along with Automatic Block Signalling and associated indoor & outdoor works of Signalling & Telecom Systems/gears. The value of the contract is Rs 127.80 crore. Powered by Capital Market - Live

The order is valued at Rs 127,80,36,115.49 and is to be executed within 24 months from the date of issuance of the letter of acceptance (LoA). The scope of work includes the design, manufacture, supply, installation, testing, and commissioning of a microprocessor-based EI system (with an inbuilt block instrument in EI) as per RDSO specifications at 20 stations of the Ajmer Division. The project also includes automatic block signalling and associated indoor and outdoor works related to signalling and telecom systems/gears. IRCON International is a Navratna, public-sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar, and Sri Lanka). IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023. The scrip advanced 2.75% to end at Rs 149.60 on Friday, 11 April 2025. The stock market will remain closed on Monday, 14 April 2025, in observance of Dr. Babasaheb Ambedkar Jayanti. Powered by Capital Market - Live

The project involves the construction of Tunnel T1 (from Km 33+160 to Km 34+400) and Tunnel T2 (from Km 57+400 to Km 66+040), along with a ballast-less track and related formation works. This is part of the electrified new broad-gauge railway line between Mangliyagaon (Indore) and Budni stations, spanning 198 km across the Ratlam and Bhopal divisions of Western and West Central Railways in Madhya Pradesh. IRCON holds a 70% share in the joint venture, amounting to Rs 610.88 crore, while SSNR Projects holds the remaining 30%. The project, valued at Rs 872.69 crore, is to be executed over a period of 40 months, with an additional six-month defect liability period. IRCON International is a Navratna, public-sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar, and Sri Lanka). IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023.Powered by Capital Market - Live

Ircon International (IRCON) through its Joint Venture with M/s SSNR Projects {i.e. IRCON- 70% and SSNR-30% (IRCON-SSNR JV)} has been awarded the Letter of Award (LOA) for the project floated by Rail Vikas Nigam. The project entails Construction of Tunnel T1 from Chainage Km 33+160 To Km 34+400 And Tunnel 2 From Chainage Km 57+400 To Km 66+040 With Ballast Less Track And Works Related to Formation On Approaches of Such Tunnels In Connection With Construction of Electrified New BG Railway Line Between Mangliyagaon (Indore) to Budni Stations (198 Kms) of Ratlam Division And Bhopal Division Of Western Railway And West Central Railway Respectively In Madhya Pradesh State. The value of the project is Rs 872.69 crore (Ircon share - Rs 610.88 crore). Powered by Capital Market - Live

The project involves the construction of Tunnel T1 (from Km 33+160 to Km 34+400) and Tunnel T2 (from Km 57+400 to Km 66+040), along with a ballast-less track and related formation works. This is part of the electrified new broad-gauge railway line between Mangliyagaon (Indore) and Budni stations, spanning 198 km across the Ratlam and Bhopal divisions of Western and West Central Railways in Madhya Pradesh. IRCON holds a 70% share in the joint venture, amounting to Rs 610.88 crore, while SSNR Projects holds the remaining 30%. The project, valued at Rs 872.69 crore, is to be executed over a period of 40 months, with an additional six-month defect liability period. IRCON International is a Navratna, public-sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar, and Sri Lanka). IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023. The scrip declined 2.16% to end at Rs 156.30 on Friday, 28 March 2025.Powered by Capital Market - Live

The contract is for the Construction of New Secretariat Complex including Campus Infrastructure in New Shillong City, Meghalaya. The project is to be executed within 36 months. The total contract value is Rs 1,096.17 crore, with IRCON's share being Rs 285 crore. The project is a joint venture with BRC, with IRCON holding a 26% share and BRC holding a 74% share. IRCON International is a Navratna, public sector enterprise and a leading turnkey construction company in the public sector. Its core competence lies in railways and highways. IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria, Myanmar and Sri Lanka). IRCON International's consolidated net profit dropped 64.81% to Rs 86.10 crore while revenue from operations declined 10.81% to Rs 2,612.86 crore in Q3 December 2024 over Q3 December 2023. Powered by Capital Market - Live

Revenue from operations declined 10.81% to Rs 2,612.86 crore during the quarter, compared to Rs 2,929.54 crore in the same quarter last year. Profit from operations before tax stood at Rs 131.82 crore in Q3 FY25, down 57.99%, compared with Rs 313.79 crore recorded in the same quarter last year. EBITDA was Rs 218.3 crore in Q3 FY25, down 42.26% from Rs 378.1 crore in Q3 FY24. The company's EBITDA margin stood at 8.1% in Q3 FY25. The company's revenue from international customers fell 3.21% YoY to Rs 80.49 crore in Q3 FY25, while revenue from domestic customers decreased 11.03% YoY to Rs 2,532.37 crore in the same quarter. As of 31 December 2024, the company's total order book is Rs 21,939 crore, with Rs 17,075 crore for railways, Rs 4,775 crore for highways, and Rs 89 crore for others. Meanwhile, the company's board declared an interim dividend of Rs 1.65 per equity share for FY24-25, with the record date set for 17 February 2025. On a 9-month basis, the company's net profit fell 24.43% to Rs 516.05 crore on 15.8% decline in revenue from operations to Rs 7,347.51 crore in 9M FY25 over 9M FY24. Ircon International is a public sector construction company with an emphasis on infrastructure projects, with a specialization in the execution of railway projects on a turnkey basis and otherwise. After commencing business as a railway construction company, it diversified progressively to roads, buildings, electrical substations and distribution, airport construction, commercial complexes, as well as metro rail works.Powered by Capital Market - Live

Ircon International announced that the Board of Directors of the Company at its meeting held on 11 February 2025, inter alia, have recommended the interim dividend of Rs 1.65 per equity Share (i.e. 82.5%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Ircon International declined 64.61% to Rs 86.59 crore in the quarter ended December 2024 as against Rs 244.64 crore during the previous quarter ended December 2023. Sales declined 10.81% to Rs 2612.86 crore in the quarter ended December 2024 as against Rs 2929.54 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales2612.862929.54 -11 OPM %5.058.83 - PBDT162.34340.90 -52 PBT131.82313.79 -58 NP86.59244.64 -65 Powered by Capital Market - Live