Ircon International Ltd. on Tuesday said it has posted a 15.1% growth in its profit after tax at Rs 285.68 crore during the March 2024 quarter. It had clocked Rs 248.18 crore profit during the January-March quarter of the 2022-23 financial year, Ircon International said in a statement. Profit after tax increased by 21.5% to Rs 930 crore in FY24 as against Rs 765 crore in FY23.
Total revenue of the company rose 0.6% to Rs 3,796.59 crore from Rs 3,773.97 crore in the year-ago quarter.
As on March 31, 2024, the company's total order book stood at Rs 27,208 crore.
The company's board has recommended a final dividend of Rs 1.30 per equity share on a face value of Rs 2 per share for FY24.
State-owned Ircon International Ltd. is a leading turnkey construction company.
The company has executed projects in the areas of railway construction, including ballastless track, electrification, tunnelling, signal & telecommunication.
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