India's IRCON International drops on Q4 profit slump

Ircon International

22/05/2025 08:42

** IRCON International IRCN.NS shares fall 2.3% to 186.6 rupees

** Engineering and construction company co posts 14% Y/Y decline in Q4 consol net profit to 2.11 billion rupees ($24.63 mln), rev from ops falls 9.9% Y/Y

** Stock rated "sell" on avg; median PT is 144 rupees, per data compiled by LSEG

** Stock down 15% YTD

($1 = 85.6825 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))