BOD in its meeting held on Friday 220526 has approved the Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended 31.03.2026 and Recommended a final ....
IRCON · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IRCON International Ltd reported audited standalone net profit of Rs 618.45 crore for FY2026, down 16% from Rs 737.59 crore in FY2025. Consolidated net profit was Rs 591.92 crore vs Rs 727.83 crore. Total standalone income declined to Rs 8,978.58 crore from Rs 10,677.45 crore. The Board recommended a final dividend of Rs 0.70 per share (35% on Rs 2 face value), adding to the Rs 1.20 interim dividend already paid, totaling Rs 1.90 per share for FY2026. Statutory auditors issued unmodified (clean) opinions. The document notes two joint ventures (IRSDC and ISTPL) are being liquidated, and a prior period error correction of Rs 57.57 crore was made to consolidated retained earnings for deferred tax asset overstatement in CERL.
Revenue and profit declined year-on-year, though the company maintains a consistent dividend payout. The clean audit and ongoing dividends provide stability, but investors should monitor the liquidation of joint ventures and the transfer of MCRL project to Ministry of Railways.