• H1 FY26 PAT at INR 33.90 cr, up 70% from INR 19.91 cr in H1 FY25
  • H1 FY26 EBITDA increases to INR 53.30 cr from INR 34.24 cr in H1 FY25
  • PAT of INR 11.43 cr in Q2 FY26 from INR 10.31 cr in Q2 FY25
  • EBITDA of INR 19.76 cr in Q2 FY26 from INR 16.64 cr in Q2 FY25

Pune : Vascon Engineers Ltd. (VASCONEQ), one of the leading EPC and Realty players with a legacy spanning nearly four decades, announced its audited results for the second quarter ended 30 September 2025.

Commenting on the company performance, Mr. Siddharth Vasudevan Moorthy, Managing Director, Vascon Engineers Ltd., said “I am happy to report consistent operational performance for Q2 FY26, with steady revenue growth and healthy profitability margins. Our EPC segment continues to be the primary growth engine, with strong execution capabilities and improved operational efficiency. The segment delivered INR 431 crore in revenue during H1 26 at a healthy gross profit margin of 13%. We have built a robust order book of INR 2,800 crore, which is 2.8 times our FY25 EPC revenues. Approximately 74% of our external order book comprises government projects, ensuring predictable cash flows. During H1 FY26, we secured new orders worth INR 386 crore from Royal Rides Private Limited and Saudamini Building MSEBHCL.

The residential real estate sector continues to witness favorable tailwinds driven by rising disposable incomes, stable interest rates, robust economic momentum, and policy reforms that encourage home buying. H1 FY26 witnessed healthy traction with new sales bookings of 64,541 square feet for a total sales value of INR 74 crore and collections of INR 88 crore. We have successfully launched Tulip Phase 3 in Coimbatore, Tower of Ascend in Kharadi, and Orchids in Santacruz. Our upcoming pipeline includes projects in Santacruz Powai Mumbai and Baner-Pashan Pune with expected sales value of over INR 1,100 crore.

As we look ahead, we remain confident in the long-term prospects of both our business segments. Our strategic focus on Mumbai and Pune markets, combined with our dual expertise in EPC and real estate development, positions us well for sustained growth.”

Key Highlights for the half year ended September 30, 2025:

  • Total EPC Income: INR 431 Cr
  • Real Estate Income: INR 22 Cr
  • Total Order Book: INR 2,800 Cr
  • New Orders in H1 FY26: INR 386 Cr
  • MOU with Adani for 13.35 million sqft contribution part
  • Release of pledge of promoter share from SBI