Vascon Engineers Limited has informed the Exchange regarding a press release dated May 14, 2025, titled "Vascon Engineers Limited delivers robust performance, 92% profit growth on back of 41% revenue growth for FY25".
VASCONEQ · price
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Vascon Engineers reported strong FY25 results with revenue growing 41% to INR 1,090 crore (from INR 775 crore in FY24). Profit after tax surged 92% to INR 130 crore (from INR 68 crore), while EBITDA nearly doubled to INR 173 crore (from INR 87 crore). The company also posted its highest-ever quarterly income of INR 390 crore. EPC contributed INR 1,016 crore while real estate contributed INR 74 crore. The company entered the Mumbai market with projects worth INR 300 crore and has a potential pipeline of another INR 1,000 crore. Crisil upgraded its credit rating from BBB+ to A-.
Strong all-round performance with record revenue and profits, along with a credit rating upgrade, signals healthy fundamentals and may boost investor confidence. Expansion into Mumbai opens a new growth avenue, though the real estate segment's contribution remains small relative to EPC.