IRCON Intl Q3 net profit up 16% on higher margins, revenue dips; dividend declared

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IRCON Q3 Results | EBITDA increased 29.6% to ₹157.8 crore while the EBITDA margin widened over 200 bps to 7.5% versus 5.1% in the year-ago period. Shares of Ircon Ltd ended at ₹156.35, down by ₹3.40, or 2.13%, on the BSE today, February 11.

State-owned engineering and construction firm IRCON Ltd on Wednesday (February 11) reported a net profit of ₹99.9 crore for the third quarter, up 15.97% from ₹86.1 crore in the year-ago period.


Revenue for the quarter declined 18.9% year-on-year to ₹2,119 crore versus ₹2,612.8 crore in Q3FY25.


EBITDA increased 29.6% to ₹157.8 crore, up from ₹131.9 crore in the same quarter last year. The company’s EBITDA margin widened over 200 bps to 7.5% for the quarter, compared with 5.1% in the year-ago period.


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Profit before tax stood at ₹134.7 crore, compared with ₹131.8 crore in Q3FY25. The earnings per share (EPS) for the quarter (not annualised) stood at ₹1.07 per equity share of face value ₹2.


For the nine months ending December 31, 2025, total income was ₹6,210.8 crore, down from ₹7,615.8 crore in 9MFY25, while revenue from operations stood at ₹5,882 crore compared with ₹7,347.5 crore. EBITDA for 9MFY26 was ₹890.2 crore, with a margin of 14.3%, down from ₹918.6 crore in the year-ago period.


Profit before tax for 9MFY26 was ₹518.7 crore, compared with ₹676 crore, and net profit was ₹400.5 crore versus ₹516.1 crore. EPS for 9MFY26 stood at ₹4.29 per share (not annualised).


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The company’s total order book as of December 31, 2025, stands at ₹23,801 crore, including ₹17,781 crore from railways, ₹4,297 crore from highways, and ₹1,723 crore from other projects. The board of directors approved an interim dividend of ₹1.20 per equity share of face value ₹2 for FY26.


Shares of Ircon Ltd ended at ₹156.35, down by ₹3.40, or 2.13%, on the BSE today, February 11.


(Edited by : Shoma Bhattacharjee)

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