Ircon International Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

Ircon International announced that the Board of Directors of the Company at its meeting held on 22 May 2026, inter alia, have recommended the final dividend of Rs 0.7 per equity Share (i.e. 35%) , subject to the approval of the shareholders.

Net profit of Ircon International declined 9.13% to Rs 191.60 crore in the quarter ended March 2026 as against Rs 210.85 crore during the previous quarter ended March 2025. Sales declined 6.54% to Rs 3188.98 crore in the quarter ended March 2026 as against Rs 3412.07 crore during the previous quarter ended March 2025.

For the full year,net profit declined 18.14% to Rs 595.47 crore in the year ended March 2026 as against Rs 727.41 crore during the previous year ended March 2025. Sales declined 15.69% to Rs 9071.05 crore in the year ended March 2026 as against Rs 10759.58 crore during the previous year ended March 2025.

Powered by Capital Market - Live News

Ircon International will hold a meeting of the Board of Directors of the Company on 22 May 2026.

Ircon International surged 11.39%, while Rail Vikas Nigam advanced 3.28%, as the reports boosted investor sentiment in these stocks.

According to media reports, the Ministry of Railways has moved a formal proposal to merge the two companies to create a larger and more integrated railway infrastructure entity. The proposal will now undergo a standard review process, which includes approvals from the Ministry of Finance, the Department of Public Enterprises and the Cabinet Committee on Economic Affairs (CCEA).

If approved, the merger is expected to combine Rail Vikas Nigam?s project management capabilities with Ircon International?s expertise in turnkey railway construction and infrastructure development. The move is also seen as a step towards enhancing execution capacity, improving operational efficiency and strengthening the international presence of the combined entity.

Meanwhile, BSE has sought clarification from the companies regarding the news report, and a response is awaited.

Powered by Capital Market - Live News