Ircon International’s Board has approved the unaudited financial results for the quarter and half-year ended September 30, 2025. The company reported a total income from operations of ₹1,851.53 crore and a net profit after tax of ₹184.67 crore for the quarter. The board also addressed a prior period error related to deferred tax assets impacting the consolidated financial statements, leading to restatement of prior periods.
Financial Performance Highlights
Ircon International announced its unaudited financial results for Q2 2025, showcasing the following key figures:
- Total income from operations: ₹1,851.53 crore
- Net profit before tax: ₹226.37 crore
- Net profit after tax: ₹184.67 crore
These results reflect the company’s performance during the quarter ended September 30, 2025, and have been reviewed by the Audit Committee before board approval.
Consolidated Performance Overview
The consolidated financial results present a broader view of Ircon International’s financial health:
- Total income from operations: ₹1,976.75 crore
- Net profit before tax: ₹172.45 crore
- Net profit after tax: ₹136.51 crore
Prior Period Error and Restatement
During the quarter, Ircon identified a prior period error concerning the overstatement of deferred tax assets, amounting to ₹227.47 crore as of March 31, 2024, within the financial statement of Chhattisgarh East Railway Limited (CERL), a joint venture. This necessitated a restatement of the consolidated financial statements from the beginning of the earliest period presented (April 1, 2024), impacting the investment in CERL and retained earnings by ₹57.57 crores (25.31% of the total adjustment). This adjustment does not affect the profit and loss for the current or comparative periods.
Segment-Wise Performance
Ircon International’s operations are primarily classified under geographical segments. Key highlights include:
- International segment revenue: ₹37.32 crore
- Domestic segment revenue: ₹1,814.21 crore
Cash Flow and Liquidity
The company’s cash flow statement provides additional insights into its financial activities:
- Net cash from operating activities: ₹577.83 crore
Source: BSE
