Pune: Vascon Engineers, a leading name in engineering, procurement, and construction (EPC) as well as real estate development, has announced its strongest-ever financial performance for the financial year ended March 31, 2025 (FY25).
The company reported a 92% year-on-year increase in net profit, reaching ₹130 crore, and a 41% growth in revenue, taking the total income to ₹1,090 crore.
This exceptional performance was driven by improved execution capabilities, higher project volumes, and strong collections across both its EPC and real estate segments. The company also recorded its highest-ever quarterly standalone income of ₹390 crore in Q4 FY25.
“FY25 has been a transformative year for Vascon Engineers. Our entry into the Mumbai market with ₹300 crore worth of launches and a future pipeline of ₹1,000 crore positions us well for sustained growth. The overall momentum in the residential segment and strong performance across our business lines reflect our strategic direction,” said Siddharth Vasudevan Moorthy, Managing Director, Vascon Engineers.
Vascon Engineers: FY25 Financial Highlights
- Total Income: ₹1,090 crore (↑ 41% YoY)
- Profit After Tax (PAT): ₹130 crore (↑ 92% YoY)
- EBITDA: ₹173 crore (↑ nearly 100% YoY)
- Standalone Q4 Income: ₹390 crore (Highest-ever)
- Credit Rating: Upgraded by CRISIL from BBB+ to A-
The company’s EPC segment was the primary revenue driver, contributing ₹1,016 crore, while the real estate business added ₹74 crore.
Vascon Engineers also strengthened its financial credibility with a CRISIL credit rating upgrade, reflecting improved liquidity, profitability, and operational efficiency.
Strategic Expansion into Mumbai
In a significant strategic move, Vascon Engineers entered the Mumbai real estate market with new project launches valued at ₹300 crore and is actively building a pipeline worth ₹1,000 crore. This expansion marks the company’s intent to scale in high-demand urban housing markets.
Listed among Fortune India’s Next 500 Companies, Vascon Engineers continues to build on its rich legacy of delivering over 225 projects across 30+ cities, covering 45 million sq. ft. in residential, commercial, industrial, and institutional segments.
