IRCON's net profit rises by 44% to Rs 251 crore in Q2 FY24

New Delhi: Ircon International Ltd (IRCON) on Thursday reported a 44 percent rise in consolidated Profit After Tax (PAT) of Rs 250.8 crore in the September quarter.

The company had posted a consolidated PAT of Rs 174.2 crore in the year-ago period, IRCON said in a filing to the BSE.

The company said its consolidated total income increased to Rs 3,136.3 crore in the second quarter of the ongoing fiscal from Rs 2,305.9 crore in the same quarter last year.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

The total order book of the company stood at Rs 32,152 crore as on September 30, it said.

IRCON is a navratna public sector enterprise and a leading turnkey construction company. IRCON is engaged in the railways and highways sectors and comes under the Ministry of Railways.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)