IRCON International Limited
Indian Railways (IR) posted a 25% growth in its revenues to Rs. 2.40 lakh crore (US$ 29 billion) for the financial year 2022-23 (FY23).
IRCON International Limited, a government company incorporated by the Central Government (Ministry of Railways) under the Companies Act, 1956, on April 28, 1976, is the leading turnkey construction company in the public sector known for its quality, commitment and consistency in terms of performance. IRCON has widespread operations spread across several states in India as well as in other countries (Malaysia, Nepal, Bangladesh, Mozambique, Ethiopia, Afghanistan, UK, Algeria, and Sri Lanka).
The company is a specialised constructions organisation covering the entire spectrum of construction activities and services in the infrastructure sector. However, railway and highway construction, EHP sub-station (engineering and constructions), and MRTS are its core competencies.
The company operates not only in a highly competitive environment but also in difficult terrains and regions in India and abroad and is an active participant in prestigious nation building projects. It has so far completed more than 300 infrastructure projects in India and more than 100 projects across the globe in more than 21 countries.
- Completed more than 300 infrastructure projects in India
- Completed projects across the globe in more than 21 countries
- Government company incorporated under Companies Act, 1956
- Consolidated total income from operations stood at Rs. 5,539.68 crore (US$ 785.88 million) in FY20
IRCON International Limited – Making Tomorrow Brighter
| Year | Milestone |
|---|---|
| 2023 |
IRCON International Limited (IRCON) has been awarded by the Ministry of Railways work of 2251 RKM of Railway Electrification work worth approx. Rs.1900 crore (US$ 229.4 million) on competitive bidding among railway-approved PSUs. IRCON Q3, FY23 net profit up by 40% to reach RS. 190 crore (US$ 23.04 million). |
| 2021 |
Ircon International won a bid to set up a 500 MW solar power plant worth US$ 321 million through an e-Reverse auction with a Viability Gap Funding (VGF). IRCON was awarded the work for replacement of mechanical signalling at various locations at Moradabad at the expected completion cost of Rs. 187.80 crore (US$ 25.80 million) |
| 2020 |
Ircon International (IRCON) was awarded the renovation project for the Gurgaon- Palaud-Rewari section of NH-352W (design length of 46.110 km) 35 feeder route in Haryana on ‘Hybrid Annuity Mode’ valuing Rs. 900 crore (US$ 121.99 million) on competitive bidding basis by National Highways Authority of India (NHAI) |
| 2019 |
Indian Railways engineering and IRCON International Limited entered in an agreement with the Sri Lankan government to upgrade 130 km long Maho-Omanthai rail line Received Rail Analysis Awards for Infrastructure project excellence in Indian and Overseas |
| 2018 |
Dainik Bhaskar India Pride Award for excellence in Miniratna- 1 Category |
| 2017 |
Dun & Bradstreet Infra Awards in the category of “Construction and Infrastructure Development (Railways) |
| 2016 |
CIDC Vishwakarma Award for “Rail cum Road Bridge across River Ganga, Patna” in the category of best construction projects |
| 2015 |
Dun & Bradstreet Infra Award for Construction and Infrastructure Development (Railways) |
| 2012 |
Delisted from Delhi Stock Exchange |
| 2011 |
Delisted from BSE Limited |
| 1998 |
Conferred the status of ‘Mini Ratna – Category – 1’ by the Ministry of Railways |
| 1992 |
Listed on the BSE Limited and the Delhi Stock Exchange Limited |
| 1976 |
The Company converted from a private limited company into a public limited company |
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