Vascon Engineers Posts Robust Q4 FY24 Results with 633% Surge in Net Profit May 14, 2025
Vascon Engineers Limited posted exceptional Q4 FY24 results, with revenue up 77.09% to ₹372.60 crore and net profit soaring 306.45% to ₹75.60 crore year-over-year. EBITDA increased by 304.98% to ₹97.60 crore, with margins expanding to 26.19%. EPS rose to ₹3.38 from ₹0.84. Annual revenue for FY24 grew 4.37% to ₹1,075.40 crore, though yearly EBITDA and net profit decreased. The strong Q4 performance offset earlier challenges, showcasing the company's resilience and growth potential.
Vascon Engineers to Divest Entire Stake in Marathwada Realtors for ₹18.72 Crore Mar 28, 2025
More news about Vascon Engineers
11Mar 25
Vascon Engineers Makes Grand Entry into Mumbai with ₹300 Crore Luxury Project
Vascon Engineers Ltd has launched 'Vascon Orchids', a luxury residential redevelopment project in Santacruz West, Mumbai, marking its strategic entry into the city's real estate market. The project, located on Linking Road, has an expected gross development value of ₹300 crore and will offer 62 units of 2 and 3 BHK homes across three wings. It targets Mumbai's ₹30,000 crore redevelopment market and features prime location benefits and high-end amenities. This move represents a significant expansion for the company, leveraging its 39 years of industry experience to capitalize on Mumbai's evolving urban landscape.
10Mar 25
Vascon Engineers Makes Strategic Entry into Mumbai Real Estate with ₹300 Crore Redevelopment Project
Vascon Engineers Limited has announced its entry into the Mumbai real estate market with a redevelopment project valued at ₹300 crore. This marks the Pune-based company's first venture in Mumbai, signaling a significant expansion into one of India's premium property markets. The project represents a strategic move to diversify the company's portfolio and tap into new growth opportunities.