Ircon International's Q2 FY 2025-26 Quarterly Results

Result Summary

• Ircon International Ltd reported a 11.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 14.0%.
• Its expenses for the quarter were up by 15.4% QoQ and down 11.1% YoY.
• The net profit decreased 16.8% QoQ and decreased 32.5% YoY.
• The earnings per share (EPS) of Ircon International Ltd stood at 1.47 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Ircon International Ltd is a prominent player in the infrastructure sector, primarily engaged in construction and engineering projects. It operates across multiple segments, including railways, highways, buildings, and other infrastructure projects. As a government-owned entity, Ircon International Ltd is involved in both domestic and international projects, contributing to its wide-ranging portfolio. Recent major developments are not specified in the provided data.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Ircon International Ltd reported a total income of ₹2112.18 crores. This represents an increase of 11.6% compared to the previous quarter (Q1FY26), where total income was ₹1892.38 crores. However, when compared to the same quarter in the previous year (Q2FY25), there was a decline of 14.0% from ₹2454.68 crores. This indicates a quarterly growth trend in revenue, but a year-over-year decline.

Profitability

For Q2FY26, Ircon International Ltd's profit before tax stood at ₹152.06 crores, reflecting a decrease of 21.5% compared to Q1FY26, where the profit before tax was ₹193.63 crores. Compared to the same period last year (Q2FY25), there was a significant decline of 38.9% from ₹248.67 crores. The company paid taxes amounting to ₹35.94 crores in Q2FY26, which was a reduction of 24.2% from Q1FY26 and 22.6% from Q2FY25. Consequently, the profit after tax for Q2FY26 was ₹136.51 crores, showing a decrease of 16.8% from Q1FY26 and 32.5% from Q2FY25. Earnings per share (EPS) for Q2FY26 was ₹1.47, down 16.0% from the previous quarter and 31.6% from the same quarter last year.

Operating Metrics

Total expenses for Q2FY26 amounted to ₹1960.12 crores, marking an increase of 15.4% from the previous quarter, where expenses were ₹1698.75 crores. However, there was a decrease of 11.1% when compared to Q2FY25, which recorded total expenses of ₹2206.01 crores. The company's operating performance over the period reflects changes in expenses and income, with both quarterly and yearly variations. The financial data showcases a trend of increasing expenses quarter-over-quarter, despite the year-over-year decrease, suggesting a different operational cost structure compared to the previous year's corresponding period.