IRCON's consolidated Q1 net profit up over 2.5 times to Rs 88.99 crore

Total income during the period under review was Rs 1,175.54 crore, up from Rs 549.29 crore in the same months of FY21.

Ircon International has reported Rs 88.99 crore consolidated net profit for the first quarter of financial year 2021-22. This is 158 per cent higher than the Rs 34.46 crore consolidated net profit reported by the company in the same period of financial year 2020-21.

Ircon’s Board approved an interim dividend of 0.45 paisa per equity share on face value of Rs 2 per share for the financial year 2021-22. The Board also recommended a revised final dividend of Rs 1.70 per equity share instead of Rs 1.32 per equity share recommended earlier in a meeting held on June 30, 2021 on