Ircon Internation Q4 results, Net Profit increased by 21.5% to Rs.930 crore

 Ircon International Limited, a Navratna public sector enterprise and a leading turnkey construction company in the public sector (under the Ministry of Railways), has announced its financial results for the fourth quarter and year ended on March 31, 2024.

The Key Financial Highlights of the Consolidated structure are-

 Total income stands at Rs.12,871 crore in FY24 as against Rs.10,750 crore in FY23, a jump of 19.7% on Y-o-Y.  Revenue from Operations during FY24 increased by 18.9% to Rs.12,331 crore as against Rs.10,368 crore in FY23.  

Read Also : Minister Pralhad Joshi Flags Off 10 Battery-Operated Vehicles at Jagannath Temple

EBITDA was at Rs.1,510 crore, an increase of 35.2%, as compared to Rs.1,117 crore in FY23. The Company’s EBITDA margin stood at 11.7%.  

Profit Before Tax increased by 41.5% to Rs.1,261 crore in FY24 as against Rs.891 crore in FY23.  Profit After Tax increased by 21.5% to Rs.930 crore in FY24 as against Rs.765 crore in FY23.  

Key Financial Highlights in terms of the quarter are-

  Total income stands at Rs.3,894 crore in Q4FY24 as against Rs.3,954 crore in Q4FY23.

 

 

Read Also : THDC Director (Finance) conferred with Visionary CFO of India Award

  Revenue from Operations during the quarter was Rs.3,743 crore as against Rs.3,781· crore in Q4FY23.  EBITDA was at Rs.424 crore, an increase of 14.7%, as compared to Rs.370 crore in· Q4FY23.

The Company’s EBITDA margin stood at 10.9%.  Profit Before Tax stands at Rs.356 crore in Q4FY24 as against Rs.301 crore in Q4FY23.·  Profit After Tax was Rs.247 crore in Q4FY24 as against Rs.256 crore in Q4FY23.·  

EPS stands at Rs.2.62 per equity share of the face value of Rs.2/- per share.·

The Board of the company has recommended a final dividend of Rs.1.30 per equity share on the face value of Rs.2 per share subject to the approval of shareholders in the ensuing Annual General Meeting (AGM). This final dividend is in addition to interim dividends of Rs.1.80 per equity share, as declared and paid earlier in FY24.

Read Also : THDC India Limited Organizes Awareness Campaign as Part of Vigilance Awareness Week