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Ircon International Ltd consolidated sales down 38.67% on year in Q2FY2026, net profit plunged by 51.93%
12-Aug-2026, 08:06
Ircon International Ltd share price slipped 1.46% to Rs 128.1 after the company's net profit tumbled by 51.93% to Rs 92.03 crore, while revenue from operations dropped sharply 38.67% to Rs 1955.83 crore in Q2FY26 over Q1FY26. The market capitalization of Civil Construction industry group stocks on BSE stood at Rs 9.39 lakh crore, tumbling by 16.86%. It has eased by 1.63% over last one week and softened by 1.40% in last one month while the market capitalization of Ircon International Ltd has softened by 3.96% and 13.39% in the same period respectively. Profit before tax (PBT) of Ircon International Ltd stood at Rs 126.81 crore in Q2 FY26, crashing by 40.05% year-on-year, and nosediving by 48.83% quarter-on-quarter. EBITDA came in at Rs 118 crore, expanding by 26.07% YoY and plunging by 28.20% sequentially. Total expenses slumped by 39.46% to Rs 1795.58 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 61.55 crore, registering a fall of 72.64% YoY, while employee benefits expense was at Rs 66.81 crore, inching up 0.91% YoY. For the TTM ended FY26, revenue from operations contracted by 14.02% to Rs 10759.58 crore, while net profit tanked by 21.70% to Rs 727.83 crore, compared to previous TTM. EBITDA surged by 76645% to Rs 473.36 crore, and PBT collapsed by 25.54% to Rs 939.02 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1109.53 crore in FY26, as against Rs 78.55 crore in FY25. Ircon International Ltd nosedived by 24.02% in last one year, underperforming the benchmark BSE Sensex which has eased by 3.04% during the same period.