Ircon International Q2 FY27: revenue up 14.9% to ₹2,272 Cr, net profit down 25.8% to ₹103 Cr
Results · Finvezto · 5 Nov 2026 · Ircon International (IRCON)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 2,272 | - | +14.9% |
| Operating profit | 239 | - | +69.0% |
| Net profit | 103 | - | -25.8% |
| Operating margin | 10.5% | - | +3.4 pp |
| Net margin | 4.5% | - | -2.5 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- For Q2 FY27, Ircon reported total consolidated revenue of INR 2,364 crore, operating revenue of INR 2,272 crore, core EBITDA of INR 227 crore, and PAT of INR 100 crore. Earnings call
- The company's order book stood at INR 21,296 crore as of September 30, 2026, with domestic orders comprising 91% and international orders accounting for 9%. Earnings call
- Ircon aims to secure INR 9,000 crore to INR 10,000 crore in new orders during the financial year, having already quoted for INR 25,000 crore worth of projects. Earnings call
What to watch
- Management on standalone pat margin: On a standalone basis, we have been giving a margin guidance of PAT levels close to 6%-7%, and we maintain that.
- Management on consolidated core ebitda margin: On a consol basis, we are looking at core EBITDA margins close to 8%-9%.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.