IRCON International Limited has announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company’s Board of Directors reviewed and approved these results during a meeting held on November 4, 2026. Key financial figures including total income, net profit after tax, and earnings per share for both standalone and consolidated operations are detailed in the attached extract, providing investors with a clear view of the company’s financial performance.
IRCON Announces Financial Results for Q2 FY27
IRCON International Limited has released its unaudited financial results for the second quarter and the first half of the financial year ending September 30, 2026. The Board of Directors, at their meeting on November 4, 2026, considered and approved these financial statements, which include both standalone and consolidated figures.
Key Financial Highlights
The financial statements reveal key performance indicators for the period. For the quarter ended September 30, 2026, total income from operations stood at ₹2,090.24 crore on a standalone basis, with a net profit after tax of ₹121.92 crore. On a consolidated basis, total income was ₹2,271.66 crore with a net profit after tax of ₹100.34 crore.
For the six months ended September 30, 2026, standalone total income from operations reached ₹3,890.51 crore, and the net profit after tax was ₹285.44 crore. Consolidated figures for the same period show total income of ₹4,227.49 crore and a net profit after tax of ₹192.37 crore.
Earnings per share (EPS) for the quarter were ₹1.74 (basic) and ₹1.74 (diluted) on a standalone basis. For the half-year, standalone basic and diluted EPS were ₹3.03.
Board Comments on Exchange Fines
The Board also addressed the matter of fines levied by stock exchanges for non-compliance with SEBI (LODR) Regulations regarding the composition of the Board and its committees for the quarter ended June 30, 2026. IRCON reiterated that as a Government company, the appointment of directors rests with the President of India through the Ministry of Railways, and the company has been actively seeking the appointment of requisite independent directors. The company stated that the levy of the fine is unreasonable given these circumstances. The Board noted that a Woman Independent Director was appointed effective August 17, 2026, and the Audit Committee (AC) and Nomination & Remuneration Committee (NRC) were subsequently re-constituted.
Auditors’ Limited Review
The financial results have undergone a limited review by the Statutory Auditors, Vinod Singhal & Co. LLP. Their report indicates that based on their review, nothing has come to their attention that causes them to believe that the accompanying statement is not free of material misstatement. The review also covered information from foreign branches and joint operations, with conclusions based on branch auditors’ reports and management-certified accounts where applicable.
Source: BSE
