India's Ircon International slips on lower quarterly profit

Ircon International

07/08/2025 05:50

** Shares of Ircon International IRCN.NS fall 2.9% to 167.6 rupees

** Engineering co posts a ~27% y/y drop in its consolidated net profit, while revenue falls ~22%

** Co's order book as on June 30 fell to 209.73 bln rupees from 260.34 bln rupees a year ago

** Stock set to extend losses for a third session straight, if trend holds

** YTD, IRCN down ~20%

 (Reporting by Yagnoseni Das in Bengaluru)

 ((Yagnoseni.Das@thomsonreuters.com;))