Latest News | Ircon International Q4 Net Profit Rises over 15 Pc to Rs 286 Crore
Get latest articles and stories on Latest News at LatestLY. Ircon International Ltd on Tuesday said it has posted a 15.1 per cent growth in its profit after tax at Rs 285.68 crore during the March 2024 quarter.
New Delhi, May 21 (PTI) Ircon International Ltd on Tuesday said it has posted a 15.1 per cent growth in its profit after tax at Rs 285.68 crore during the March 2024 quarter.
It had clocked Rs 248.18 crore profit after tax (PAT) during the January-March quarter of the 2022-23 financial year, Ircon International said in a statement.
Profit after tax increased by 21.5 per cent to Rs 930 crore in FY24 as against Rs 765 crore in FY23.
Total revenue of the company rose 0.6 per cent to Rs 3,796.59 crore from Rs 3,773.97 crore in the year-ago quarter.
As on 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 equity share on a face value of Rs 2 per share for FY24.
State-owned Ircon International Ltd is a leading turnkey construction company.
The company has executed projects in the areas of railway construction, including ballastless 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)