IRCONNSEIrcon International LimitedMediumNeutral
Announced Wed, 21 May · 17:39 IST

Ircon International Limited has informed the Exchange about designated Shri Ajit Kumar Mishra, Director (Works) as KMP of the Company.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The board of Ircon International approved audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with auditors issuing an unmodified opinion. On a standalone basis, FY25 net profit came in at Rs. 737.59 crore (down from Rs. 862.90 crore in FY24), while total income fell to Rs. 10,677.45 crore from Rs. 12,387.85 crore. Consolidated FY25 net profit stood at Rs. 727.83 crore versus Rs. 929.51 crore the previous year. The board recommended a final dividend of Rs. 1.00 per share (face value Rs. 2), which is on top of the Rs. 1.65 per share interim dividend already paid, taking total FY25 dividend to Rs. 2.65 per share. Additionally, Director (Works) Shri Ajit Kumar Mishra (DIN: 11108237) was designated as a Key Managerial Personnel for five years from May 15, 2025, subject to Ministry of Railways' direction.

Likely market impact

Both top-line and bottom-line numbers have declined year-on-year, which may weigh on short-term sentiment, though the healthy dividend payout provides some support to income-focused shareholders. The KMP designation is a routine governance update and should not materially affect the stock price.