The company’s revenue on a consolidated basis fell by 10% from the same quarter last year to ₹3,412 crore. IRCON had reported revenue of ₹3,787 crore during the base quarter last year.
IRCON’s net profit also fell by 15% to ₹211 crore from ₹247 crore during the year-ago period.
Earnings Before Interest, Tax, Depreciation and Amortisation fell by 21.1% during the March quarter to ₹261.4 crore, while margins narrowed to 7.7% from 8.7% on a year-on-year basis.
IRCON had guided for revenue to be between ₹10,000 crore and ₹11,000 crore for financial year 2025, a figure it has managed to achieve at the end of the year.
The company had warned of a dip in its operating profit margin for the full year by 50 basis points at the end of the third quarter, from the previous year’s figure of 7.1%. At the end of the year, operating profit margin stood at 6.75%, in-line with projections, while full year EBITDA margin also stood at 7.84%.
Shares of IRCON International ended 0.5% higher on Wednesday ahead of the earnings announcement. The stock has risen 16% in the last one month ahead of its results. The stock is down 46% from its 52-week high of ₹389.
First Published: May 21, 2025 5:46 PM IST
