IRCON Q4 Results 2024 Key Highlights and Financial Performance
Discover IRCON's Q4 2024 results release date. Get insights into their performance, profit, revenue, and more. Stay updated on IRCON's financial status.
by S Samayanka
Updated May 22, 2024
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IRCON
Ircon International, also known as Indian Railway Construction International Limited (IRCON), is an Indian firm specializing in constructing transportation infrastructure.
The Indian Railways established IRCON to undertake railway projects within India and overseas.
IRCON Q4 Results 2024 Date
IRCON International Limited has announced that its Q4 results for the financial year 2024 released on May 22, 2024. The earnings call to discuss these results is also scheduled for the same day.
This announcement follows the company's trend of strong performance, as reflected in their previous quarterly and annual reports.
IRCON Q4 Results 2024
|
Fiscal Period |
Mar 23 |
Dec 22 |
QoQ Comp |
|
Total Revenue |
3,780.66 |
2,346.51 |
61.12% |
|
Selling/Gen/Admin Exp |
77.75 |
74.11 |
4.91% |
|
Depreciation/Amortization |
35.69 |
24.10 |
48.09% |
|
Other Operating Expenses |
18.42 |
0.45 |
3993.33% |
|
Total Operating Expense |
3,639.55 |
2,203.80 |
65.15% |
|
Operating Income |
141.11 |
142.71 |
-1.12% |
|
Net Income Before Taxes |
300.71 |
177.92 |
69.01% |
|
Net Income |
256.49 |
189.99 |
35.00% |
|
Diluted Normalized EPS |
2.73 |
2.02 |
35.19% |
|
Exchange |
Price |
Change |
Change % |
Volume |
|
BSE |
280.25 |
-9.45 |
-3.26% |
1.44 M |
|
NSE |
281.75 |
-8.00 |
-2.76% |
24.34 M |
IRCON Q4 Results 2024 Highlights
IRCON's profit slightly dropped by 3.8% in the March quarter compared to the same period last year. The company earned ₹246.8 crore in net profit.
Despite the quarterly dip, IRCON's annual profit for the fiscal year ending FY24 saw a 19% rise, reaching ₹929 crore.
IRCON's total revenue for the March quarter decreased by 1% to ₹3,742.71 crore.
IRCON's earnings before interest, tax, depreciation, and amortization (EBITDA) increased by 14.7% to ₹424 crore in Q4 FY24, showing improved financial health and operational efficiency.
As of March 31, 2024, IRCON's total order book stands at ₹27,208 crore, with significant orders from the railways and highways sectors.
IRCON recommended a final dividend of ₹1.30 per equity share, subject to approval at the Annual General Meeting (AGM). This is in addition to interim dividends paid earlier in FY24.
IRCON's share price closed positively, rising by 5.65%.
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IRCON Q4 Results 2024 Date - FAQs
1. Did IRCON's profit increase or decrease in Q4 2024?
The profit slightly decreased by 3.8%.
2. How much did IRCON's EBITDA increase in Q4 2024?
EBITDA increased by 14.7% to ₹424 crore.
3. How did IRCON's share price perform after the Q4 results?
IRCON's share price closed positively, rising by 5.65%.
4. What is IRCON International?
IRCON is an Indian company that builds transportation infrastructure.
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