Home / Business and Economy / Ircon's Q4 Profit Drops 9.5%
Ircon's Q4 Profit Drops 9.5%
22 May
Summary
- Ircon International reported a 9.5% decrease in net profit for the March quarter.
- Consolidated income also declined to ₹3,291.19 crore compared to the previous year.
- The company's board recommended a final dividend of Re 0.70 per equity share.
Ircon International Ltd. has announced its financial results for the quarter ending March 2026, revealing a notable decrease in profitability. The company reported a consolidated net profit of ₹191.46 crore, marking a 9.5 per cent drop compared to the ₹211.78 crore earned in the same period last year.
Further financial insights indicate a reduction in the company's income. Consolidated income for the March quarter declined to ₹3,291.19 crore from ₹3,515.25 crore recorded in the prior year's comparable period. These figures were officially communicated by Ircon International in a filing to the BSE.
In a move for shareholders, the board of directors recommended a final dividend payout. A dividend of Re 0.70 per equity share has been proposed for the financial year 2025-26. This recommendation is contingent upon the approval of shareholders at the forthcoming Annual General Meeting (AGM).
