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Ircon International
Ircon International (IRCON) investor relations material
Ircon International Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary11 Feb, 2026
Executive summary
Achieved highest ever turnover, crossing Rs.10,000 crore, and upgraded to Navratna CPSE status under the Ministry of Railways.
Recognized among top international contracting firms and Fortune India 500, with significant domestic and international project completions.
Board approved unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, reviewed by the Audit Committee and subject to limited review by statutory auditors.
Interim dividend of ₹1.20 per equity share (60% of face value) declared for FY 2025-26, with record date set for 17 February 2026 and payment from 25 February 2026.
Financial highlights
Consolidated Q3FY26 operating revenue rose 23.3% year-over-year to Rs.2,613 crore; EBITDA up 23.4% to Rs.269 crore; PAT up 16% to Rs.100 crore.
Standalone Q3FY26 revenue up 25.6% year-over-year to Rs.2,470 crore; EBITDA up 33.3% to Rs.188 crore; PAT up 35.2% to Rs.141 crore.
For 9MFY26, consolidated revenue grew 24.9% year-over-year to Rs.7,348 crore; EBITDA up 3.2% to Rs.919 crore; PAT down 22.4% to Rs.400 crore.
Standalone 9MFY26 revenue up 26.8% to Rs.6,950 crore; EBITDA up 17.7% to Rs.694 crore; PAT up 21.9% to Rs.519 crore.
Standalone total income for Q3 FY26: ₹2,053.52 crore; consolidated: ₹2,206.22 crore; standalone net profit for Q3 FY26: ₹91.18 crore; consolidated: ₹99.85 crore.
Outlook and guidance
Massive government CAPEX push with Rs.12.2 lakh crore allocated in Union Budget 2026, including Rs.2.78 lakh crore for Indian Railways and Rs.3.10 lakh crore for highways.
National Rail Plan and new Dedicated Freight Corridors to drive future growth; Indian Railways to require Rs.35.3 trillion investment by 2032.
Management does not foresee impairment in investments in IRSDC, ISTPL, or MCRL projects despite ongoing closures or handovers.
Impact of new Labour Codes assessed as not material for the current period; company will continue to monitor developments.
ISTPL: Impact of non-going concern financials
JV/Controlled entity closures: What's the impact?
International segment profitability drivers
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Next Ircon International earnings date
Q4 25/2621 May, 2026
Ircon International
Next Ircon International earnings date
Q4 25/2621 May, 2026
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