Ircon International Ltd, a leading turnkey construction company and navratna public sector enterprise, has reported a 44% increase in consolidated Profit After Tax (PAT) to Rs 250.8 crore in the September quarter. This marks a significant rise from the Rs 174.2 crore PAT recorded in the year-ago period, as stated in a filing to the BSE. The company’s consolidated total income also saw growth, reaching Rs 3,136.3 crore in the second quarter of the ongoing fiscal from Rs 2,305.9 crore in the same quarter last year.
With a total order book of Rs 32,152 crore as of September 30, Ircon International is making strides in the railways and highways sectors under the Ministry of Railways. This positive financial performance reflects the company’s position as a key player in the construction industry, with potential for further growth in the future.
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