IRCON Q4FY26 Consolidated PAT Down 9.6% to ₹191.5 Cr, FY26 PAT Declines 18.7% to ₹591.9 Cr
Ircon International Limited announced FY26 consolidated PAT of ₹591.9 crore, down 18.7% YoY. Q4FY26 consolidated PAT was ₹191.5 crore, up 91.8% QoQ but down 9.6% YoY. The company recommended a final dividend of ₹0.70 per share, in addition to an interim dividend of ₹1.20. The order book stands at ₹24,984 crore as of March 31, 2026.
The year-on-year decline in profits and revenue, coupled with a significant order book, suggests a moderate impact on investor sentiment and future performance expectations. The dividend announcement provides some positive counterpoint.
The company reported a year-on-year decline in both full-year and quarterly net profit, indicating a negative financial performance trend despite sequential improvements in the quarter.
Ircon International Limited has announced its financial results for the fourth quarter and the full fiscal year ended March 31, 2026. The company reported consolidated total income of ₹3,291.2 crore for Q4FY26, a 49.2% increase from ₹2,206.2 crore in Q3FY26 and a 6.4% decrease from ₹3,515.3 crore in Q4FY25.
Consolidated Revenue from Operations for Q4FY26 stood at ₹3,189.0 crore, up 50.5% sequentially and down 6.5% year-on-year. EBITDA for the quarter rose by 44.5% to ₹389.2 crore. Profit Before Tax (PBT) increased by 84.0% to ₹247.8 crore, while Profit After Tax (PAT) saw a significant jump of 91.8% to ₹191.5 crore compared to the previous quarter. However, on a year-on-year basis, PAT decreased by 9.6% from ₹211.8 crore in Q4FY25. Earnings Per Share (EPS) for Q4FY26 was ₹2.04, an increase of 90.3% from the previous quarter but a decrease of 9.1% from Q4FY25.
For the full fiscal year FY26, consolidated Total Income was ₹9,502.0 crore, a decrease of 14.6% from ₹11,131.0 crore in FY25. Revenue from Operations was ₹9,071.1 crore, down 15.7% year-on-year. EBITDA for FY26 stood at ₹1,279.3 crore, a marginal increase of 0.3%. PBT declined by 18.4% to ₹766.5 crore, and PAT decreased by 18.7% to ₹591.9 crore. EPS for FY26 was ₹6.33, down 18.1% from the previous year.
Standalone results also showed similar trends, with Q4FY26 PAT increasing by 110.6% to ₹192.0 crore sequentially but decreasing by 12.0% year-on-year to ₹218.2 crore. For FY26 standalone, PAT decreased by 16.2% to ₹618.5 crore.
The Board of Directors has recommended a final dividend of ₹0.70 per equity share of ₹2/- per share, subject to shareholder approval at the upcoming Annual General Meeting. This is in addition to the interim dividend of ₹1.20 per equity share already paid.
As of March 31, 2026, the company's order book stood at ₹24,984 crore, with ₹19,459 crore from Railways, ₹3,919 crore from Highways, and ₹1,606 crore from other segments.
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Ircon International Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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