Ircon International Q2 & H1 FY26 Results – Analyst Presentation

Ircon International has announced its Analyst Presentation for Q2 and H1 FY26. The presentation covers the unaudited financial results for the second quarter (Q2: July-September) and half-year ended September 30, 2025. Key achievements include projects completed, executed work, and awards. The company’s order book and opportunities are also discussed.

Key Achievements

Ircon International operates as a Navratna Central Public Sector Enterprise (CPSE) under the Ministry of Railways. The company has several notable achievements:

  • Projects Completed: 405 Domestic, 130 International
  • Executed Work: 5,564 TKM Railway Track, 6,807 KMS Roads and Highways
  • Awards: Ranked 232nd in USA Construction Companies (ENR), 192nd in Fortune India 500 (Dec 2024)

Financial Highlights (Consolidated) Q2 FY26 (Y-o-Y)

Here’s a look at Ircon International’s consolidated financial performance for Q2 FY26, compared year-over-year:

  • Operating Revenue: Rs. 1976.8 crore (Previous year: Rs. 2447.5 crore)
  • EBITDA: Rs. 297 crore (Previous year: Rs. 343 crore)
  • Profit after Tax: Rs. 137 crore (Previous year: Rs. 206 crore)

Financial Highlights (Consolidated) – H1FY26

Ircon International’s consolidated financial performance for H1 FY26:

  • Operating Revenue: Rs. 3763 crore
  • EBITDA: Rs. 621 crore
  • Profit after Tax: Rs. 301 crore

Order Book

As of September 30, 2025, Ircon International’s order book stands at Rs. 23,865 crore. Approximately 62.2% of these orders were won on a competitive bidding basis.

Source: BSE

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