Monday, September 21, 2026

Ircon International Q2 Results | Net profit falls 34% to ₹137 crore on revenue drop

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State-run construction company Ircon International Ltd on Wednesday (November 12) reported a net profit of ₹136.5 crore for the quarter ended September 2025, down 33.7% year-on-year from ₹205.9 crore in the same period last year.Revenue for the quarter declined 19.2% YoY to ₹1,976 crore from ₹2,447.5 crore in Q2 FY25. EBITDA fell 29.6% YoY to ₹141.7 crore from ₹201 crore in the year-ago quarter. The company’s EBITDA margin stood at 7.2%, compared with 8.2% in Q2 FY25.Ircon International reported total income of ₹2,112.2 crore for Q2 FY26, down from ₹2,538.6 crore in Q2 FY25. Profit before tax for the quarter stood at ₹172.5 crore, compared with ₹262.3 crore in the same period last year. The company’s earnings per share (EPS) for the quarter (not annualised) were ₹1.47 per equity share of ₹2 face value.

Also Read: IRCON International bags ₹254 crore KAVACH contract from South Western RailwayFor the half year ended September 30, 2025, Ircon’s total income was ₹4,004.6 crore, down from ₹4,923.9 crore in H1 FY25. Revenue from operations during H1 FY26 stood at ₹3,763.0 crore, compared with ₹4,734.7 crore in the corresponding period last year.EBITDA for the half year was ₹620.9 crore, with a margin of 15.5%, compared to ₹700.2 crore in H1 FY25. Profit before tax for the half year was ₹384.0 crore, down from ₹544.2 crore, while profit after tax declined to ₹300.6 crore from ₹430.0 crore. EPS for H1 FY26 (not annualised) was ₹3.22 per equity share of ₹2 face value.Ircon’s total order book as of September 30, 2025, stood at ₹23,865 crore. The order book comprised ₹17,952 crore in railways projects, ₹4,605 crore in highways projects, and ₹1,308 crore in other projects. Shares of Ircon International Ltd ended at ₹166.30, up by ₹1.85, or 1.12%, on the BSE.Also Read: IRCON-Finolex joint venture bags ₹168 crore power transmission contract from MSETCL

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