IRCON registers a profit of 21% in second quarter of current fiscal

By IndianMandarins- 22 Nov 2019


IRCON International Ltd has announced its second quarter results for 2019-20 financial year. The company has recorded revenue from operations of Rs 1161 crore, a growth of 21 per cent from the corresponding year that was Rs.962 crore. Increase in revenue from operations is due to increase in domestic revenue.

Profit after tax has increased to Rs.87.70 crore in the present quarter as compared to Rs.83.57 crore in the same quarter last financial year. EBITDA has also increased to Rs146 crore in quarter ended September, 2019 as compared to Rs.133 crore in the corresponding period FY19. Order Book of the company stands at Rs.32,393 crore comprising of Rs.30,333 crore of Railway projects.

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