Latest News | Ircon International Q4 Net Profit Grows 25 Pc to Rs 248.18 Crore
Get latest articles and stories on Latest News at LatestLY. Ircon International Ltd on Thursday said it has posted a 25 per cent growth in its profit after tax at Rs 248.18 crore during the March quarter, helped by higher income.
New Delhi, May 25 (PTI) Ircon International Ltd on Thursday said it has posted a 25 per cent growth in its profit after tax at Rs 248.18 crore during the March quarter, helped by higher income.
It had clocked Rs 197.09 crore profit after tax (PAT) during the January-March quarter of the 2021-22 financial year (FY), Ircon International said in a statement.
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Total revenue of the company rose 31.72 per cent to Rs 3,773.97 crore from Rs 2,865.12 crore in the year-ago quarter.
As on March 31, 2023, the company's total order book stood at Rs 35,195 crore.
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The company's board has recommended a final dividend of Rs 1.20 per equity share on a face value of Rs 2 per share for FY23.
State-owned Ircon International Ltd is a leading turnkey construction company. The company has executed projects operated in the areas of railway construction, including ballast less track, electrification, tunnelling, signal & telecommunication.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)