Ircon International on Tuesday announced a 15.1% increase in profit after tax for the fiscal year ending March 2024 to Rs 285.68 crore. Ircon International said in a statement that it has recorded a profit after tax (PAT) of Rs 248.18 crore in the January-March period of 2022-23.
Profit after tax increased by 21.5% to Rs 930 million in FY24 compared to Rs 765 million in FY23.
The company’s total revenue increased by 0.6% to Rs 3,796.59 crore from Rs 3,773.97 crore in the year-ago period.
As of March 31, 2024, the company’s total order book stood at Rs 27,208 crore.
The company’s board has recommended a final dividend of Rs 1.30 per share for FY24 against the face value of Rs 2 per share. State-owned Ircon International Ltd is a leading turnkey construction company. The company has executed projects in the railway construction sector, including ballastless track, electrification, tunneling, signaling and communications.
