logo
Ircon International shares in focus as Q4 PAT declines 14% YoY

Ircon International shares in focus as Q4 PAT declines 14% YoY

Economic Times22-05-2025

Ircon International shares: The company recorded a 10% year-on-year drop in revenue from operations, amounting to Rs 3,412 crore in Q4FY25, down from Rs 3,787 crore in Q4FY24. The board of IRCON has also proposed a final dividend of Rs 1 per share.
Tired of too many ads?
Remove Ads
Tired of too many ads?
Remove Ads
Ircon International share price performance
Shares of IRCON International Ltd are likely to remain in focus on Thursday, May 22, after the state-run firm reported a 14% year-on-year drop in consolidated profit after tax (PAT) to Rs 212 crore for the fourth quarter ended March 2025, compared to Rs 247 crore in the same period last year.The company also witnessed a 10% YoY decline in revenue from operations, which stood at Rs 3,412 crore in Q4FY25 versus Rs 3,787 crore in Q4FY24.IRCON's board has recommended a final dividend of Rs 1 per share, in addition to the interim dividend of Rs 1.65 per share already paid.Meanwhile, the total income for the quarter dropped to Rs 3,515 crore from Rs 3,894 crore a year earlier. EBITDA came in at Rs 357 crore, down from Rs 424 crore in the previous year, with the EBITDA margin at 10.17%.Further, the profit before tax (PBT) was Rs 263 crore, compared to Rs 356 crore in Q4FY24.Despite the annual drop, sequential performance improved sharply, with PAT rising 146% from Rs 86 crore in Q3FY24 and revenue increasing 31% from Rs 2,613 crore.The company's order book as of March 31, 2025, stood strong at Rs 20,347 crore, comprising Rs 15,435 crore in railway projects, Rs 4,541 crore in highway projects, and Rs 371 crore in other sectors.The shares of Ircon have declined 34.50% over the past 1 year and is down 12.94% year-to-date (YTD). However, over the last 6 months, it has gained 2.13%, while the 3-month and 1-month performance show increases of 19.72% and 16.34%, respectively.Ircon shares closed flat with a positive bias at Rs 189.75 on Wednesday.On Wednesday, the shares of ABFRl closed 2.7% lower at Rs 269.15 on the BSE.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Influx Healthtech IPO Allotment: A Step-By-Step Guide To Check Status Online Today, Know Latest GMP
Influx Healthtech IPO Allotment: A Step-By-Step Guide To Check Status Online Today, Know Latest GMP

News18

time38 minutes ago

  • News18

Influx Healthtech IPO Allotment: A Step-By-Step Guide To Check Status Online Today, Know Latest GMP

Last Updated: According to market observers, the GMP of the Influx Healthtech IPO is 22.92%, indicating decent listing gains for investors. Influx Healthtech IPO Allotment: The initial public offering of Influx Healthtech has received a whopping 201.35 times subscription, indicating huge interest from investors. Investors are now eagerly awaiting its allotment even its latest GMP shows a strong 22.92% listing gains. The allotment of the Influx Healthtech IPO is expected to be finalised today, Monday, June 23, in the evening. Once the IPO allotment is finalised, investors will start receiving bank debit messages, most probably in the evening. They can also check their allotment status on the websites of the NSE as well as registrar Maashitla Securities Private Limited. The allotment is expected to be finalised in the evening today, Friday, June 20. The allotment status can be checked by following these steps: Step 1: Visit Maashitla Securities' portal — Step 2: Under 'Select Company', choose 'Influx Healthtech Ltd'. Importantly, if the company's name is not visible in the drop-down list, it means the allotment has not been finalised yet. According to market observers, the GMP of the Influx Healthtech IPO is 22.92%, indicating decent listing gains for investors. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. Influx Healthtech IPO Listing Date The shares of Influx Healthtech Ltd will be listed on the NSE Emerge on June 25. The Influx Healthtech IPO was open for subscription between June 18 and June 20. It is a book-built issue worth Rs 58.57 crore, comprising a fresh issue of 50 lakh equity shares worth Rs 48 crore and an offer for sale of 11 lakh shares aggregating to Rs 10.56 crore. On the final day of bidding on Friday, the SME IPO received an overwhelming 201.35 times subscription, garnering bids for 81,71,71,200 shares as against 40,58,400 shares on offer. The retail and NII participation stood at 117.68 times and 481.10 times, respectively. Its qualified institutional buyer (QIB) category got a 137.87 times subscription. The price of the Influx Healthtech IPO was fixed at Rs 96 apiece. Influx Healthtech Ltd's revenue increased 5% and its profit after tax (PAT) rose 19% between the financial year ending with March 31, 2025, and March 31, 2024. Rarever Financial Advisors Pvt Ltd is the book-running lead manager of the Influx Healthtech IPO, while Maashitla Securities Private Limited is the registrar for the issue. The market maker for Influx Healthtech IPO is R K Stock Holding Private Limited. Influx Healthtech Ltd, founded in September 2020, is a healthcare-focused CDMO with three manufacturing units in Thane, producing tablets, capsules, powders, liquid orals, and softgels.

Good news for Anil Ambani, another company settles Rs 2730000000 loan of…, with…
Good news for Anil Ambani, another company settles Rs 2730000000 loan of…, with…

India.com

time40 minutes ago

  • India.com

Good news for Anil Ambani, another company settles Rs 2730000000 loan of…, with…

Anil Ambani was already in the news for settling down the debt of his many companies. Now once again it has settled the debt with another company. In a recent exchange filing it stated that it has fully settled a Rs 273-crore loan, including interest, owed by its wholly owned subsidiary JR Toll Road Pvt Ltd (JRTR) to Yes Bank Ltd. It stated, '' A wholly owned subsidiary of the Company (along with the Company as Corporate Guarantor), has entered into an addendum to the Settlement Agreement today with Yes Bank Limited (YBL) for the entire outstanding debt obligation of ~INR 273 crore (including interest) owed by JRTR to YBL, and has duly paid the entire settlement amount.'' Anil Ambani Company Debt Reduction Debt reduction has become a primary focus for Anil Ambani. Reliance Infrastructure: Paid off Rs 3,300 crore of debt in FY 2025, becoming debt-free. Rosa Power Supply Company: Cleared Rs 485 crore of debt, achieving debt-free status. Reliance Power: Settled a loan of Rs 3,872 crore earlier. JR Toll Road Pvt Ltd, a special purpose vehicle established by Reliance Infrastructure, is responsible for the development, operation, and maintenance of a 52-kilometer segment of National Highway 11, connecting Jaipur and Reengus in Rajasthan. The project was executed under the Design-Build-Finance-Operate-Transfer (DBFOT) model, featuring a highway expansion from four to six lanes. Operations commenced in 2013, coinciding with the start of toll collection.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store