IRCON2024-01-012024-03-31 IRCON2024-01-012024-03-31 IRCON2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member IRCON2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member IRCON2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member IRCON2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member IRCON2024-03-31 IRCON2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue01Member IRCON2024-01-012024-03-31in-bse-fin:OneReportableSegmentRevenue02Member IRCON2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue01Member IRCON2024-01-012024-03-31in-bse-fin:FourReportableSegmentRevenue02Member IRCON2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults01Member IRCON2024-01-012024-03-31in-bse-fin:OneReportableSegmentResults02Member IRCON2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults01Member IRCON2024-01-012024-03-31in-bse-fin:FourReportableSegmentResults02Member IRCON2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets01Member IRCON2024-01-012024-03-31in-bse-fin:OneReportableSegmentAssets02Member IRCON2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member IRCON2024-03-31in-bse-fin:OneReportableSegmentLiabilities01Member IRCON2024-01-012024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member IRCON2024-03-31in-bse-fin:OneReportableSegmentLiabilities02Member IRCON2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member IRCON2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member IRCON2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member IRCON2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 541956 IRCON NOTLISTED Ircon International Limited Equity 2023-04-01 2024-03-31 2024-05-21 2024-05-14 INR Crores Yearly 14:00:00 17:15:00 2024-05-21 2024-05-21 true Cash Flow Indirect Declaration of unmodified opinion Geographical 2024-01-01 2024-03-31 Unaudited Standalone 36489800000.00 1476100000.00 37965900000.00 1629600000.00 0.00 256500000.00 764400000.00 20800000.00 92000000.00 31373900000.00 34137200000.00 3828700000.00 0.00 3828700000.00 1191200000.00 -219300000.00 971900000.00 0.00 2856800000.00 0.00 0.00 0.00 0.00 2856800000.00 -53200000.00 2803600000.00 2803600000.00 0.00 1881000000.00 2 3.04 3.04 0.00 0.00 3.04 3.04 1. The above standalone and consolidated financial results were reviewed and recommended by the Audit Committee and approved by the Board of Directors at their meeting held on 21st May, 2024. The Statutory Auditors have expressed an unmodified opinion. 2. Figures of last quarter are balancing figures between audited figures in respect of the full financial year and the published year to date figures up to third of the relevant financial year. 3. The Standalone and consolidated financial results have been prepared in accordance with the Indian Accounting Standards (Ind AS) as notified under Section 133 of the Companies Act, 2013 read with relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015 (as Amended) and other recognised accounting practices and policies to the extent applicable. 4. In line with provisions of Ind AS 108 - Operating Segments, the operations of the Company / Group fall primarily under geographical information about group of countries, which is considered to be the only reportable segment by management. 5. “Ministry of Railways” (MoR) vide its letter No. 2011/LMB/22/1/39 dated 18.10.2021 had communicated ‘in-principle’ decision for closure of Indian Railway Station Development Corporation Limited (IRSDC) and transfer/handover of its business to RLDA/MoR. Accordingly, as part of the closure activities, all assets and liabilities (except investments in SITCO and GARUD) are to be transferred to RLDA/MoR on slump sale basis for a consideration not less than the book value as on the cutoff date to be mutually agreed upon as approved in the 59th BoD meeting held on 07.11.2022 of IRSDC. Closure related activities initiated in FY 2021-22 are yet to be completed. The Liquidation process shall commence on completion of these activities and handing over of assets and liabilities to RLDA/MoR. Financial statement of IRSDC has been prepared on liquidation basis and the company does not foresee any impairment in the value of investment at this stage. 6. Ministry of Railway (MoR) has granted in-principle approval for closure of Bastar Railway Private Limited, a joint venture company and transfer of its assets and liabilities to MoR. The legal formalities, pricing and related modalities are in process. 7. It has been decided to handover Phase- I (Angul - Balram, 14 KM already operational) and Phase- II (Balram-Putgadia-Tentuloi,54 KM under construction)of MCRL Project to Ministry of Railways (MoR). The legal formalities, pricing and related modalities are in process and the Company does not foresee any impairment in the value of investment at this stage. 8. The BoD has recommended a final Dividend of Rs. 1.30 per equity share on face value of Rs 2/- per equity share for the financial year 2023-24, subject to the approval of the shareholders at the AGM .This is in addition to Interim Dividend of Rs. 1.80 per equity share on face value of Rs. 2/- per share for the year 2023-24 approved in BoD held on 8th February 2024, and subsequently paid. 9. Figures for the previous periods / year have been re-grouped / re-classified / re-casted to conform to the classification of the current period / year. Geographical 2023-04-01 2024-03-31 Audited Standalone 119504000000.00 4374500000.00 123878500000.00 5315500000.00 0.00 -391200000.00 3070900000.00 96100000.00 362100000.00 103869700000.00 112323100000.00 11555400000.00 0.00 11555400000.00 3013700000.00 -87300000.00 2926400000.00 0.00 8629000000.00 0.00 0.00 0.00 0.00 8629000000.00 -5100000.00 8623900000.00 8623900000.00 0.00 1881000000.00 2 55836600000.00 9.17 9.17 0.00 0.00 9.17 9.17 Other expenses 358500000.00 Project Expenses 31015400000.00 Other expenses 807700000.00 Project Expenses 103062000000.00 1918000000.00 65600000.00 5430700000.00 0.00 89000000.00 0.00 0.00 0.00 22758800000.00 0.00 2791000000.00 393800000.00 25943600000.00 1233300000.00 2909700000.00 37589900000.00 2323700000.00 5635100000.00 9464600000.00 18288800000.00 26002500000.00 358000000.00 18372700000.00 78121700000.00 504700000.00 22301300000.00 103251400000.00 0.00 0.00 140841300000.00 1881000000.00 55836600000.00 57717600000.00 57717600000.00 0.00 0.00 7608100000.00 7608100000.00 1423700000.00 0.00 0.00 9404800000.00 18436600000.00 0.00 8543700000.00 27935300000.00 36479000000.00 25007600000.00 2612000000.00 588500000.00 0.00 64687100000.00 0.00 0.00 83123700000.00 140841300000.00 Note: (i) Includes Clients Fund of Rs. 2,898.36 crore (31st March, 2023 : Rs. 3,130.67 crore) on which interest is passed on to them. (ii) Includes Unpaid Dividend of Rs. 0.47 crore and Rs. 0.41 crore. (iii) Figures for the previous year have been re-grouped / re-classified / re-casted to conform to the classification of the current year. Domestic 35863900000.00 International 2102100000.00 Domestic 117688100000.00 International 6190400000.00 37966000000.00 123878500000.00 0.00 0.00 37966000000.00 123878500000.00 Domestic 2855200000.00 International 995300000.00 Domestic 9675800000.00 International 1965200000.00 3850500000.00 11641000000.00 21840000.00 85600000.00 0.00 1. The company / Group has reported segment information as per Ind AS 108 Operating Segments . The operations of the Company / Group fall primarily under geographical information about group of countries, which is considered to be the only reportable segment by management. 2. Figures for the previous periods / year have been re-grouped / re-classified / re-casted to conform to the classification of the current period / year. 0.00 3828660000.00 11555400000.00 Domestic 130497400000.00 International 10343900000.00 140841300000.00 0.00 140841300000.00 Domestic 74549900000.00 International 8573800000.00 83123700000.00 0.00 83123700000.00 85700000.00 -487800000.00 -777300000.00 0.00 -751000000.00 0.00 0.00 0.00 0.00 429500000.00 0.00 -4021600000.00 0.00 362100000.00 0.00 0.00 0.00 0.00 0.00 144200000.00 0.00 2312000000.00 0.00 -27100000.00 0.00 -1000100000.00 0.00 -32900000.00 0.00 -8388300000.00 3167100000.00 0.00 0.00 0.00 321300000.00 0.00 2845800000.00 0.00 2423900000.00 80756600000.00 85088200000.00 0.00 0.00 0.00 0.00 8600000.00 339200000.00 0.00 25800000.00 0.00 0.00 0.00 0.00 0.00 8500000.00 0.00 0.00 0.00 0.00 0.00 522400000.00 0.00 0.00 720000000.00 2200500000.00 0.00 421400000.00 0.00 -3256100000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 8700000.00 2821500000.00 10600000.00 0.00 0.00 -2840800000.00 -3251100000.00 -144200000.00 -3395300000.00 21684100000.00 18288800000.00 Items that will not be reclassified to Profit and Loss -56300000.00 Items that will not be reclassified to Profit and Loss 17700000.00 -56300000.00 17700000.00 -14100000.00 4500000.00 Items that will be reclassified to Profit and Loss -14700000.00 Items that will be reclassified to Profit and Loss -24400000.00 -14700000.00 -24400000.00 -3700000.00 -6100000.00