IRCON International Limited has released its unaudited financial results for the second quarter (Q2) and the first half (H1) of the Financial Year 2027, ending September 30, 2026. The presentation includes key financial highlights for both consolidated and standalone operations, detailing performance across revenue, EBITDA, and profit after tax. This disclosure provides investors with essential insights into the company’s recent financial performance and operational status.
IRCON Presents Q2 & H1 FY27 Financial Highlights
IRCON International Limited has formally submitted its investor presentation detailing the unaudited financial results for the second quarter (Q2) and the first half (H1) of the Financial Year 2027. The period concluded on September 30, 2026.
Consolidated Financial Performance
Q2 FY27 Performance (Year-on-Year)
For the second quarter of FY27, Operating Revenue stood at ₹2,272 crore, marking a +14.9% increase compared to Q2 FY26 (₹1,977 crore). EBITDA grew by +7.6% to ₹319 crore (Q2 FY26: ₹297 crore). However, Profit After Tax (PAT) saw a decrease of (27.0%), reaching ₹100 crore in Q2 FY27 compared to ₹137 crore in Q2 FY26.
Q2 FY27 Performance (Quarter-on-Quarter)
On a quarter-on-quarter basis, Operating Revenue increased by +16.2% to ₹2,272 crore in Q2 FY27 from ₹1,956 crore in Q1 FY27. EBITDA rose by +14.6% to ₹319 crore (Q1 FY27: ₹279 crore). Profit After Tax (PAT) also saw an increase of +9.0%, reaching ₹100 crore in Q2 FY27 from ₹92 crore in Q1 FY27.
H1 FY27 Performance (Year-on-Year)
For the first half of FY27, Operating Revenue grew by +12.3% to ₹4,227 crore compared to H1 FY26 (₹3,763 crore). EBITDA experienced a slight decline of (3.70%) to ₹598 crore (H1 FY26: ₹620.9 crore). Profit After Tax (PAT) decreased significantly by (36.0%) to ₹192 crore in H1 FY27 from ₹300.6 crore in H1 FY26.
Standalone Financial Performance
Q2 FY27 Performance (Year-on-Year)
On a standalone basis for Q2 FY27, Operating Revenue increased by +12.9% to ₹2,090 crore compared to Q2 FY26 (₹1,852 crore). EBITDA declined by (16.7%) to ₹199 crore (Q2 FY26: ₹239 crore). Profit After Tax (PAT) also fell by (34.0%) to ₹122 crore in Q2 FY27 from ₹185 crore in Q2 FY26.
Q2 FY27 Performance (Quarter-on-Quarter)
Quarter-on-quarter, standalone Operating Revenue rose by +16.1% to ₹2,090 crore in Q2 FY27 from ₹1,800 crore in Q1 FY27. EBITDA decreased by (10.2%) to ₹199 crore (Q1 FY27: ₹222 crore). Profit After Tax (PAT) saw a reduction of (25.4%) to ₹122 crore in Q2 FY27 from ₹164 crore in Q1 FY27.
H1 FY27 Performance (Year-on-Year)
For the first half of FY27 on a standalone basis, Operating Revenue grew by +10.7% to ₹3,891 crore compared to H1 FY26 (₹3,516 crore). EBITDA decreased by (6.2%) to ₹421 crore (H1 FY26: ₹449 crore). Profit After Tax (PAT) experienced a decline of (14.9%), reaching ₹285 crore in H1 FY27 from ₹335 crore in H1 FY26.
Key Company Information
IRCON International Limited is a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways. The company has achieved significant milestones including the completion of 408 domestic and 131 international projects. Executed work encompasses 5,858 TKM of Railway Track, 10,762 RKM of Railway Electrification, and 7,258 KMS of Roads and Highways.
The company was established in 1976 and operates as a Public Sector Enterprise involved in various infrastructure development projects.
Source: BSE
