IRCON International rises after bagging Rs 862-cr EPC contract from East Central Railway

IRCON International rose 2.43% to Rs 107.30 after the company said that it has received an EPC contract worth Rs 862.46 crore from East Central Railway for track works related to the Son Nagar?Andal third and fourth railway line projects.

The project covers the Gomoh?Koderma and Gaya?Son Nagar sections and is to be executed within 365 days.

IRCON International is a public sector construction company with an emphasis on infrastructure projects, with a specialization in the execution of railway projects on a turnkey basis and otherwise. After commencing business as a railway construction company, it diversified progressively to roads, buildings, electrical substations and distribution, airport construction, and commercial complexes, as well as metro rail works.

IRCON International's consolidated net profit tanked 43.64% to Rs 92.74 crore in Q1 FY27 from Rs 164.56 crore reported in Q1 FY26. Revenue from operations rose 9.49% to Rs 1,955.83 crore in the quarter ended 30 June 2026.

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