Ircon International reported a 26.7% YoY decline in Q1FY26 PAT to Rs 164.1 crore, with revenue also falling. Despite the earnings dip, the company maintained a robust order book of Rs 20,973 crore. It remains optimistic, citing strong government push for infrastructure through initiatives like Gati Shakti and Bharatmala, positioning itself for future growth.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets