Construction & Engineering company Ircon International announced Q1FY24 results: Total income stands at Rs 2,828 crore in Q1FY24 as against Rs 2,068 crore in Q1FY23, a jump of 36.7% on YoY. Revenue from Operations during Q1FY24 increased by 35.7% to Rs 2,717 crore as against Rs 2,002 crore in Q1FY23. EBITDA was at Rs 315 crore, an increase of 32.4%, as compared to Rs 238 crore in Q1FY23. The company’s EBITDA margin stood at 11.15%. Profit before tax increased by 41.1% to Rs 263 crore in Q1FY24 as against Rs 187 crore in Q1FY23. Profit after tax increased by 29.6% to Rs 187 crore in Q1FY24 as against Rs 145 crore in Q1FY23. EPS stands at Rs 1.99 per equity share of the face value of Rs 2/- per share. The total order book as of June 30, 2023, stands at Rs 32,486 crore. The break-up of which is as follows: Railways – Rs 23,613 crore Highways – Rs 6,906 crore Others – Rs 1,967 crore Result PDF
Construction & Engineering company Ircon International announced Q4FY23 & FY23 results: Consolidated Q4FY23: Total income stands at Rs 3,954 crore in Q4FY23 as against Rs 3,011 crore in Q4FY22, a jump of 31.3% on YoY Revenue from Operations during the quarter increased by 28.1% to Rs 3,781 crore as against Rs 2,953 crore in Q4FY22 EBITDA was at Rs 370 crore, an increase of 37.4%, as compared to Rs 269 crore in Q4FY22. The Company’s EBITDA margin stood at 9.35%. Profit Before Tax increased by 36.0% to Rs 301 crore in Q4FY23 as against Rs 221 crore in Q4FY22 Profit After Tax increased by 6.1% to Rs 257 crore in Q4FY23 as against Rs 242 crore in Q4FY22 EPS stands at Rs 2.73 per equity share of the face value of Rs 2/- per share Consolidated FY23: Total income increased by 41.7% to Rs 10,750 crore as against Rs 7,586 crore in FY22 Revenues from operations for FY23 increased by 40.5% to Rs 10,368 crore as compared to Rs 7,380 crore in FY22 EBITDA stands at Rs 1,117 crore in FY23 as against Rs 846 crore in FY22, a jump of 32.1%. The Company’s EBITDA margin stood at 10.39% Profit Before Tax for FY23 increased by 29.4% to Rs 891 crore as compared to Rs 689 crore in FY22 Profit After Tax for FY23 increased by 29.2% to Rs 765 crore as against Rs 592 crore in FY22 EPS stands at Rs 8.14 per equity share of the face value of Rs 2/- per share Result PDF
Construction & engineering firm Ircon International announced Q3FY23 results: Consolidated Q3FY23 vs Q3FY23: Total income stands at Rs 2,422 crore in Q3FY23 as against Rs 1,817 crore in Q3FY22. Revenue from operations during the quarter increased to Rs 2,347 crore as against Rs 1,762 crore in Q3FY22. Core EBITDA was at Rs 158 crore as compared to Rs 166 crore in Q3FY22. The company’s core EBITDA margin stood at 6.72%. Profit before tax stands at Rs 178 crore in Q3FY23 as against Rs 179 crore in Q3FY22. Profit after tax increased to Rs 190 crore in Q3FY23 as against Rs 136 crore in Q3FY22. EPS stands at Rs 2.02 per equity share of the face value of Rs 2 per share. Consolidated 9MFY23 vs 9MFY22: Total income stood at Rs 6,796 crore as against Rs 4,575 crore in 9MFY22. Revenues from operations for the nine-month period ended December 31, 2022, increased to Rs 6,587 crore as compared to Rs 4,427 crore in 9MFY22. Core EBITDA stands at Rs 544 crore in 9MFY23 as against Rs 434 crore in 9MFY22. The company’s core EBITDA margin stood at 8.26%. Profit before tax for 9MFY23 stood at Rs 590 crore as compared to Rs 468 crore in 9MFY22. Profit after tax for 9MFY23 increased to Rs 509 crore as against Rs 350 crore in 9MFY22. EPS stands at Rs 5.41 per equity share of the face value of Rs 2 per share. The company’s board of directors has approved the dividend of Rs 1.80 per equity share on the face value of Rs 2 per share. Order Book: During the third quarter, Ircon International Limited secured an order from Sri Lanka Railways under Indian Line of Credit at a total price of US$ 14.89 million (equivalent to approx. Rs 122 crore) for procurement of design, installation, testing, commissioning and certifying of signalling and telecommunication system from Maho Junction (including) to Anuradhapura (excluding). Result PDF
Construction and engineering company Icron International announced Q2FY23 results: Total income increased to Rs 2,306 crore in Q2FY23 as against Rs 1,583 crore in Q2FY22. Revenue from operations increased to Rs 2,239 crore in Q2FY23 as against Rs 1,523 crore in Q2FY22. Core EBITDA increased to Rs 214 crore in Q2FY23 as compared to Rs 149 crore in Q2FY22. PAT stands at Rs 174 crore in Q2FY23 as compared to Rs 126 crore in Q2FY22. EPS stood at Rs 1.85 per Equity share in Q2FY23 on the face value of Rs 2 /share. Result PDF