Ircon International’s PAT increases to Rs 185.33 crore, up by 80% in Q4FY21

Revenue from Operations increased to Rs.2,367.78 crore up by 82% and PAT increased to Rs.185.33 crore up by 80% in Q4FY21

New Delhi: Ircon International Limited, a Miniratna (Category – I) Schedule A Public Sector Enterprise and a leading turnkey Construction Company has announced its financial results for the fourth quarter and financial year ended on March 31st, 2021. The performance of the company was adversely affected in the first half of FY21. Despite of the unprecedented situation, the company performed very well in Q4FY21.

• Total Income stood at Rs. 5,200.31 crore in FY21 as against Rs. 5,441.72 crore in FY20.
• Revenues from operations for the full year ended March 31st, 2021 stood at Rs. 4,947.77 crore as compared to Rs. 5,202.06 crore in FY20.
• Core Earnings before Interest, Tax, Depreciation and Amortization (Core EBITDA) stands Rs.361.05 crore in FY21, as against Rs.476.15 crore in FY20. The Company’s Core EBITDA margin stood at 7.30%.
• Profit Before Tax (PBT) stood at Rs.574.02 crore for FY21 as compared to Rs.672.57 crore in FY20. The Company’s PBT margin stood at 11.04%.
• Profit After Tax (PAT) stood Rs.404.56 crore for FY21 as against Rs.489.78 crore in FY20.The Company’s PAT margin stood at 7.78%.
• Earnings per share (EPS) for the year ended FY21 stood at Rs.4.30 against Rs.5.21 in FY20 (Face Value Rs.2 per share).
Order Book

As of March 31st 2021, the total order book stands at Rs.34,689 Crore. The break-up is which is as follows:
1- Railways: Rs.32,916 crore
2- Highways: Rs.1,773 crore

About Ircon International Limited (https://www.ircon.org/; BSE: 541956; NSE: IRCON)

Ircon International Limited is a Miniratna (Category – I) Schedule A Public Sector Enterprise and a leading turnkey Construction Company in the public sector known for quality, commitment and consistency in terms of performance.

The core competence of IRCON is in Railways, Highways & Extra High Tension substation engineering and Construction. The company has executed projects operated in the areas of Railway construction including ballast less track, electrification, tunneling, signal & telecommunication as well as leasing of locos, construction of roads, highways, commercial, industrial & residential buildings and complexes, airport runway and hangars, metro and mass rapid transit system, etc.

IRCON has widespread operations in several states in India and other countries (Malaysia, Nepal, Bangladesh, South Africa, Algeria and Sri Lanka). Company has completed more than 128 projects in 25 countries across the globe and 390 projects in various states in India.