The shares of the prominent real estate company gained up to 18 percent in today’s trading session after the company’s net profit and revenue increased by 105 percent and 65 percent YoY, respectively, in Q4.
With a market capitalization of Rs 1,178.96 crore, the shares of Vascon Engineers Ltd were trading at Rs. 52.10 per share, increasing around 16.79 percent as compared to the previous closing price of Rs 44.78 apiece.
Q4 Highlights
The shares of Vascon Engineers Ltd have seen bullish movement after reporting positive Q4 results, revenue increased by 31 percent on a quarter-on-quarter basis from Rs 295 crore in Q3FY25 to Rs 387 crore in Q4FY25. Further, revenue increased by 65 percent year on year, from Rs. 234 crore in Q4FY24 to Rs 387 crore in Q4FY25.
The company’s net profit decreased by 54 percent on a quarter-on-quarter basis, from Rs. 76 crore in Q3FY25 to Rs. 35 crore in Q4FY25. Further, net profit magnified significantly by 105 percent year on year from Rs 17 crore in Q4FY24 to Rs 35 crore in Q4FY25.
The company posted a strong FY24-25 performance, with revenue surging 44 percent from Rs 747 crore to Rs 1,078 crore. Net profit jumped 91 percent, from Rs 68 crore to Rs 130 crore, reflecting growth and improved profitability over the previous financial year.
Operational Highlights
The company reported total EPC income of Rs 1,016 crore and real estate income of Rs. 74 crore for the year. It entered the Mumbai market with a GDV of Rs 300 crore and a pipeline of Rs 1,000 crore. CRISIL upgraded the company’s credit rating from BBB+ to A, reflecting improved financial strength.
Vascon focuses on mid-range housing projects. It has delivered over 45 million sq. ft. across 220+ projects, backed by 38 years of experience and presence in 30+ locations across India, establishing strong credentials in construction and housing.
Vascon Engineers Limited is an India-based construction engineering company. The Company’s segments include Engineering, Procurement and Construction (EPC), Real Estate Development, and Manufacturing and building management system (BMS)
Written by Abhishek Singh
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