Ircon International shares slip nearly 5% as profit falls 27% YoY, EBITDA declines; check Q1 numbers here

Shares of Ircon International fell as much as 4.53% to an intra-day low of ₹164 apiece on the National Stock Exchange (NSE) on Thursday, August 7, a day after the company reported its first quarter earnings for the 2025-26 financial year (Q1FY26).

The turnkey construction firm’s consolidated net profit declined 26.5% year-on-year (YoY) to ₹164.56 crore in the June quarter of FY26, compared to ₹224.02 crore in the corresponding period a year earlier.

The company’s revenue from operations stood at ₹1,786.28 crore during the quarter under review, marking a 21.9% YoY slump from ₹2,287.13 crore in the June quarter of FY25.

At an operational level, Ircon’s EBITDA (earnings before interest, tax, depreciation and amortisation) decreased 9.4% YoY to ₹323.9 crore in the first quarter of the current fiscal year, as against ₹357.4 crore in Q1FY25.

The company’s EBITDA margin stood at 17.1%.

Its total order book stood at ₹20,973 crore as of June 30, 2025, comprising ₹15,724 crore from the railway sector, ₹4,234 crore from the highway sector, and ₹1,015 crore from other sectors.

During the quarter, the firm won a majority of the orders, approximately 62.7%, on a competitive bidding basis.

Most of Ircon’s orders, about 90%, were domestic, while international orders made up 10% of its total order book.

Ircon International stock performance

Shares of Ircon International were trading 3.16% lower at ₹166.35 apiece, at around 11:42 am.

The stock has fallen 4.82% so far this week and 6.42% since the beginning of August. It gained 29.69% in the first quarter of FY26 but declined 22.80% on a year-to-date basis.

While the scrip reached a year’s low of ₹134.24 on March 3, 2025, it hit a 52-week high of ₹283.50 per equity share almost a year ago on August 8.

Ircon International has a total market capitalisation of ₹15,642.66 crore, as of August 7, 2025, as per data on the NSE.

About the company

Ircon International is a Navratna, PSE and a turnkey construction company in the public sector, with its core business lying in the railway and highway sectors. The company reports to the Ministry of Railways.