IRCON International Share Price: IRCON International, a major PSU under the Ministry of Railways, has bagged a major Engineering, Procurement, and Construction (EPC) contract from East Central Railway (an important part of Indian Railways) worth around Rs 1068.35 crore. The company informed about this in a regulatory filing to the stock exchanges on May 31, 2025 and said that this contract will further increase its contribution to the development of India’s railway infrastructure.
In simple language, IRCON has got a big project of Railways, in which it will handle the construction and supply work. This deal is a big achievement for the company and is going to take another step towards strengthening the country’s railway network.
Details of the new contract
According to the Letter of Acceptance (LOA) issued by East Central Railway, IRCON has been awarded the task of constructing a new broad gauge (BG) rail bridge over the Ganga river. The bridge will be built between Vikramshila and Katariya stations and is part of a new railway line project. The project involves constructing a double-line track substructure and a single-line track superstructure, which will require 2×32.086 m open web steel girder and 33×122.0 m open web steel girder. The project has a completion time of 1,460 days (about 4 years), which shows IRCON’s ability to handle large infrastructure projects.
This contract further strengthens IRCON’s railway infrastructure portfolio, which is aligned with the Government of India’s mission to modernize and expand the rail network.
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IRCON’s Q4 FY25 Financial Performance
IRCON has recently released the details of the quarterly earnings for January-March 2025 (Q4 FY25). In this, the consolidated net profit of the company was ₹ 212 crore, which is 14% less than ₹ 247 crore in the same quarter last year (Q4 FY24). At the same time, the earnings from operations (revenue) also fell by 10% to ₹ 3,412 crore, while last year it was ₹ 3,787 crore.
Although there has been a decline in financial performance, IRCON remains an important player in the railway and infrastructure sector, with a strong order book and work going on on many projects.
IRCON International’s stock has shown its strength even amid the market slowdown. On Monday, June 2, 2025, the stock opened with an open price of ₹ 194.20 on BSE, showing a gain of 1.8% from the previous closing price of ₹ 190.80. During the morning trade, it reached an intraday high of ₹ 198, i.e. a jump of about 4% and all this happened at a time when benchmark indices like BSE Sensex and NSE Nifty were down 0.80%. This clearly shows that investors have faith in the long-term growth of IRCON.
Why is this news important?
This contract of ₹ 1068.35 crore shows IRCON’s technical expertise and its contribution to India’s infrastructure development. The Ganga Bridge project will improve connectivity in this area, smoothen railway operations and support economic growth. Being a Navratna PSU, IRCON is playing a vital role in fulfilling the vision of a strong railway network in India.
What does the investment outlook say?
IRCON securing such big contracts proves that the company is a reliable player in the infrastructure sector. However, investors should take any decision keeping in mind the recent financial performance of the company and market volatility. It is better to consult certified financial experts.
Disclaimer: This information is based on recent announcements and market data. Do your own research and consult financial advisors before investing.
