Ircon International's Q3 FY 2025-26 Quarterly Results
- 12 Feb 2026
Result Summary
- Ircon International Ltd reported a 4.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 18.0%.
- Its expenses for the quarter were up by 6.9% QoQ and down 18.4% YoY.
- The net profit decreased 26.9% QoQ and increased 16.0% YoY.
- The earnings per share (EPS) of Ircon International Ltd stood at 1.07 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 2206.22 | 2112.18 | 2691.90 | 4.5% | -18.0% |
Total Expenses | 2095.85 | 1960.12 | 2567.42 | 6.9% | -18.4% |
Profit Before Tax | 110.37 | 152.06 | 124.48 | -27.4% | -11.3% |
Tax | 34.84 | 35.94 | 45.72 | -3.1% | -23.8% |
Profit After Tax | 99.85 | 136.51 | 86.10 | -26.9% | 16.0% |
Earnings Per Share | 1.07 | 1.47 | 0.92 | -27.2% | 16.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ircon International Ltd is a prominent player in the construction and infrastructure sector in India. It specializes in executing turnkey infrastructure projects, including railways, highways, bridges, and buildings. Known for its extensive expertise in engineering and construction, Ircon International has been crucial in developing transportation networks within India and abroad. The company has a reputation for delivering complex projects on time and within budget, leveraging its technical acumen and project management skills. As of the latest updates, there are no specific major developments or shifts in the company's strategic direction available from the data provided.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Ircon International Ltd reported a total income of ₹2206.22 crores. This reflects a quarter-over-quarter (QoQ) increase of 4.5% from ₹2112.18 crores in Q2FY26. However, when compared to the same quarter in the previous year (Q3FY25), the total income shows a decline of 18.0% from ₹2691.90 crores. The decrease in year-over-year (YoY) total income suggests a reduction in revenue intake compared to the previous year, despite the recent QoQ improvement.
Profitability
The company's profitability metrics for Q3FY26 saw a dip when compared to both the previous quarter and the corresponding quarter of the previous year. The Profit Before Tax (PBT) for Q3FY26 stood at ₹110.37 crores, marking a decrease of 27.4% QoQ from ₹152.06 crores in Q2FY26, and an 11.3% decrease YoY from ₹124.48 crores in Q3FY25. Despite this, the Profit After Tax (PAT) improved YoY by 16.0% to ₹99.85 crores from ₹86.10 crores in Q3FY25, though it decreased QoQ by 26.9% from ₹136.51 crores in Q2FY26. The Earnings Per Share (EPS) in Q3FY26 was ₹1.07, which is down 27.2% QoQ from ₹1.47 in Q2FY26, but up 16.3% YoY from ₹0.92 in Q3FY25. The tax obligation for Q3FY26 was ₹34.84 crores, which is marginally lower than both the previous quarter and the same quarter last year.
Operating Metrics
The total expenses for Ircon International in Q3FY26 were ₹2095.85 crores, which shows a 6.9% increase QoQ from ₹1960.12 crores in Q2FY26. When compared to Q3FY25, the total expenses decreased by 18.4% from ₹2567.42 crores. This indicates a relatively controlled cost environment YoY, despite the QoQ rise in expenses. The decrease in expenses YoY aligns with the decrease in total income, reflecting adjustments in operational scales. The tax rate, calculated as the ratio of tax to profit before tax, was approximately 31.6% in Q3FY26, which is slightly lower than the previous periods.