IRCON Q3 Results: Date, Interim Dividend Details, Conference Call Schedule And More
The record date of the payment of interim dividend has been set as Monday, Feb. 17, IRCON announced.
IRCON Q3 Results: State-owned IRCON International is set to announce the financial results for the October-December quarter next week.
Engineering and construction firm IRCON International, or Indian Railway Construction International Ltd., is primarily engaged in the construction of railway projects in India and abroad. It is known for handling projects in difficult terrains. The company has a market cap of nearly Rs 18,000 crore.
Here is everything you need to know about IRCON International Q3 results.
IRCON Q3 Results: Date And Time
IRCON International said that its board of directors will meet on Tuesday, Feb 11, following which the company will declare the Q3 results.
"It is hereby informed that a meeting of the Board of Directors of the Company is scheduled to be held on Tuesday, 11th February 2025 to inter-alia, consider & approve the Unaudited Financial Results (Standalone & Consolidated) for the quarter and nine months ended on 31st December, 2024," it said in a stock exchange filing on Feb. 4.
The company has also scheduled a conference call on Feb. 12 at 3:30 p.m., to discuss the financial results for the quarter and nine months ended on 31st December, 2024.
IRCON Interim Dividend Announcement
The board of directors will further consider and approve the "declaration of Interim Dividend, if any, for the financial year 2024-25," IRCON said.
The record date of the payment of interim dividend has been set as Monday, Feb. 17, the company announced.
"It is hereby informed that the record date for the purpose of payment of Interim Dividend for the Financial Year 2024-25, would be Monday, 17th February, 2025, subject to declaration of the said Interim Dividend by the Board of Directors in its meeting to be held on Tuesday, 11th February, 2025," it said in the stock exchange filing.
IRCON Share Price History
Shares of IRCON International Ltd. have fallen over the past many months and were down nearly 3% over the last five trading sessions on the NSE. The stock has decreased 7.59% in the last month and 28.62% in the last six months. IRCON share price has plunged 15.06% in a year.
IRCON Q2 Result Highlights
IRCON International reported a decline in both revenue and profit in Q2. The top line dropped 19.3% to Rs 2,447.52 crore from Rs 3,033.27 crore in the same period last year. Net profit also saw a decline of 18% year-on-year to Rs 205.92 crore from Rs 250.78 crore. Ebitda dropped 23% to Rs 200.88 crore, while the margins stood at 8.2% versus 8.6% last year.
