IRCON INTERNATIONAL

csr-initiative:-ircon-distributes-appliance-to-divyangs-under

CSR Initiative: IRCON distributes appliance to divyangs under

Ircon International Ltd in association with ALIMCO distributed aids and appliances to various ‘divyangs’ in Muzaffarnagar district of Uttar Pradesh on December 28, 2019. CMD IRCON S K Chaudhary and Mrs Seema Chaudhary inaugurated the camp by the lighting of lamps.

Subhash Chand, Executive Director and S C Negi, GM/Elect IRCON, Alok Yadav, Chief Development officer, Shivendar Singh, District Handicapped Officer and officers of ALIMCO were also present on the occasion. Under this camp 177 beneficiaries were distributed aids and appliances like Wheel Chair, Hearing Aids, Motorized Tricycle, Crutches, MSIED Kit, Rollator, Walking Sticks and CP Chair.

During the camp, Mr Chaudhary and others distributed the aid and appliances to specially abled people. The beneficiaries were happy to get these appliances as these appliances would help them to face challenges of their lives in a better way. The beneficiaries expressed their gratitude towards CMD/IRCON for the aid and appliances.

02 Jan 2020
ircon-registers-a-profit-of-21%-in-second-quarter-of-current-fiscal

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

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.

22 Nov 2019
csr-initiative:-ircon-distributes-appliance-to-divyangs-under

CSR Initiative: IRCON distributes appliance to divyangs under

By IndianMandarins 02 Jan 2020

Ircon International Ltd in association with ALIMCO distributed aids and appliances to various ‘divyangs’ in Muzaffarnagar district of Uttar Pradesh on December 28, 2019. CMD IRCON S K Chaudhary and Mrs Seema Chaudhary inaugurated the camp by the lighting of lamps.

Subhash Chand, Executive Director and S C Negi, GM/Elect IRCON, Alok Yadav, Chief Development officer, Shivendar Singh, District Handicapped Officer and officers of ALIMCO were also present on the occasion. Under this camp 177 beneficiaries were distributed aids and appliances like Wheel Chair, Hearing Aids, Motorized Tricycle, Crutches, MSIED Kit, Rollator, Walking Sticks and CP Chair.

During the camp, Mr Chaudhary and others distributed the aid and appliances to specially abled people. The beneficiaries were happy to get these appliances as these appliances would help them to face challenges of their lives in a better way. The beneficiaries expressed their gratitude towards CMD/IRCON for the aid and appliances.

ircon-registers-a-profit-of-21%-in-second-quarter-of-current-fiscal

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.

ircon-registers-a-jump-of-13.47%-in-operating-income

IRCON registers a jump of 13.47% in operating income

By IndianMandarins 06 Sep 2019

In its 43rd Annual General Meeting held on September 03 in New Delhi IRCON CMD S K Chaudhary addressed shareholders informing about achievements of the company for financial year 2018-19.

 

Chaudhary said, "The operating income has registered an increase of 13.47% from Rs 3,891 crore in 2017-18 to Rs 4415 crore in 2018-19. The profit before tax and profit after tax for the year under review were Rs 615 crore and Rs 445 crore respectively registering an increase of 16.04% and 14.69% respectively over the previous year.”

ircon-sets-target-for-2019-20-in-a-mou-signed-with-railway-ministry

IRCON sets target for 2019-20 in a MoU signed with Railway Ministry

By IndianMandarins 11 Jun 2019

Government owned Infrastructure and transport giant IRCON International Limited has signed a memorandum of understanding with Ministry of Railways to set the targets for the company for the current financial year 2019-20.

 

An IRCON Press release issued on Tuesday, June 11, in New Delhi said that the MoU was signed by IRCON CMD S K Chaudhary on the company’s behalf and Secretary Railway Board Sushant Kumar Mishra on behalf of the Ministry of Railway at a simple event held at Rail Bhawan in the Capital.

ircon-sets-target-for-2019-20-in-a-mou-signed-with-railway-ministry

IRCON sets target for 2019-20 in a MoU signed with Railway Ministry

By IndianMandarins 11 Jun 2019

Government owned Infrastructure and transport giant IRCON International Limited has signed a memorandum of understanding with Ministry of Railways to set the targets for the company for the current financial year 2019-20.

 

An IRCON Press release issued on Tuesday, June 11, in New Delhi said that the MoU was signed by IRCON CMD S K Chaudhary on the company’s behalf and Secretary Railway Board Sushant Kumar Mishra on behalf of the Ministry of Railway at a simple event held at Rail Bhawan in the Capital.

ircon-declared-its-financial-results-for-the-fy-2019-20

IRCON Declared its Financial Results for the FY 2019-20

By IndianMandarins 29 May 2019

IRCON International Limited announced its financial results for the fourth quarter and year ended 31 March 2019. The company has recorded revenue from operations of Rs. 4,798 crore in FY19, a growth of 19 % over FY18 which was Rs. 4,024 crore. Increase in revenue from operations is mainly due to increase in domestic revenue.

 

It achieved an all-time high turnover in FY19. Total Revenue for the year ended 31 March 2019 is Rs. 4,990 crore which is 18% higher as compared to Total Revenue of Rs. 4,213 crore for the corresponding period ended 31 March 2018.

 

Highlights:

  • EBITDA increased by 8% to Rs. 690 Crore for the year ended 31 March 2019 as compared to Rs. 637 crore for year ended 31 March 2018.
  • Profit After Tax has increased by 10% to Rs. 450 Crore for the year ended 31 March 2019 as against Rs. 409 crore for the corresponding period in FY18.
  • Railway projects remained the focus area where the company has achieved revenue of Rs. 3,758 crore with a growth of 29% over year ended 31 March 2018 of Rs. 2,905 crore.
  • Earnings per Share (EPS) stands at Rs. 47.85 for the year ended 31 March 2019 as compared to Rs. 41.83 for the corresponding period in FY18.
  • Trade Receivables of the company came down to 51 days as on 31 March 2019 as compared to 61 days in corresponding period ended 31 March 2018.
  • Total dividend for FY19 will be Rs. 21.545 per equity share i.e. 215.45% of face value comprising of interim dividend amounting to Rs. 10.72 per equity share and final dividend recommended by the Board at Rs. 10.825 per equity share.

ircon-declared-its-financial-results-for-the-fy-2019-20

IRCON Declared its Financial Results for the FY 2019-20

By IndianMandarins 29 May 2019

IRCON International Limited announced its financial results for the fourth quarter and year ended 31 March 2019. The company has recorded revenue from operations of Rs. 4,798 crore in FY19, a growth of 19 % over FY18 which was Rs. 4,024 crore. Increase in revenue from operations is mainly due to increase in domestic revenue.

 

It achieved an all-time high turnover in FY19. Total Revenue for the year ended 31 March 2019 is Rs. 4,990 crore which is 18% higher as compared to Total Revenue of Rs. 4,213 crore for the corresponding period ended 31 March 2018.

 

Highlights:

  • EBITDA increased by 8% to Rs. 690 Crore for the year ended 31 March 2019 as compared to Rs. 637 crore for year ended 31 March 2018.
  • Profit After Tax has increased by 10% to Rs. 450 Crore for the year ended 31 March 2019 as against Rs. 409 crore for the corresponding period in FY18.
  • Railway projects remained the focus area where the company has achieved revenue of Rs. 3,758 crore with a growth of 29% over year ended 31 March 2018 of Rs. 2,905 crore.
  • Earnings per Share (EPS) stands at Rs. 47.85 for the year ended 31 March 2019 as compared to Rs. 41.83 for the corresponding period in FY18.
  • Trade Receivables of the company came down to 51 days as on 31 March 2019 as compared to 61 days in corresponding period ended 31 March 2018.
  • Total dividend for FY19 will be Rs. 21.545 per equity share i.e. 215.45% of face value comprising of interim dividend amounting to Rs. 10.72 per equity share and final dividend recommended by the Board at Rs. 10.825 per equity share.

ircon:-gupta-selected-for-director-post

IRCON: Gupta selected for Director post

By IndianMandarins 22 May 2019

Shyam Lal Gupta (ED, IRCON) was on Wednesday selected for the post of Director (Projects) IRCON International Limited. Subject to requisite clearances and ACC approval he may replace Deepak Sabhlok, the outgoing Director (Projects) retiring October this year.

Altogether six candidates were interviewed by the selection board (PESB) on Wednesday.

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Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.