Quarterly Updates2 Sept 2025, 06:41 pm
Vascon Engineers Ltd Submits Annual Report for FY 2024-25 with Robust Order Book and Improved Capacity Utilization
AI Summary
Vascon Engineers Ltd, a leading player in Engineering, Procurement and Construction (EPC) and Real Estate Development, has submitted its Annual Report for the Financial Year 2024-25. The report includes a 2.8x order book of FY25 EPC revenue, with an increasing share from government contracts. The company has shown improved total income, better capacity utilization, and strengthened balance sheet due to debt reduction and incremental cash flow generation. CRISIL has upgraded Vascon's credit rating from BBB+ to A- with a stable outlook, reflecting improved financial strength and business performance.
Key Highlights
- Robust order book of 2.8x of FY25 EPC revenue with increasing share from government contracts
- Improved total income and better capacity utilization in ongoing project execution
- Strengthened balance sheet due to debt reduction and incremental cash flow generation
- Credit rating upgrade from BBB+ to A- with a stable outlook by CRISIL
- Demonstrated resilience, responsibility, and purpose with highest-ever revenue and profits in FY2024-25