IRCON International Secures ₹862 Crore Railway Contract

IRCON International Limited

has received a Letter of Acceptance (LoA) from East Central Railway for an Engineering, Procurement and Construction (EPC) contract worth ₹862.46 crore. The contract involves railway track works and material supply for the construction of the third and fourth railway lines under the Son Nagar–Andal project. Contract Details: Order Value: ₹862.46 crore Client: East Central Railway Contract Type: Domestic EPC contract Execution Timeline: 365 days Project: Construction of the third and fourth railway lines under the Son Nagar–Andal project Scope of Work: The project covers two railway sections: Gomoh–Koderma: Under the Dhanbad Division Gaya–Son Nagar: Under the Deen Dayal Upadhyaya Division The scope includes the supply of railway ballast and permanent way materials, laying and linking railway tracks, and associated works designed for a 32.5-tonne axle load. It also includes supplying additional railway materials at Gaya. IRCON's Existing Order Book: IRCON's order book stood at approximately ₹23,366 crore at the end of June 2026. The latest contract adds to its railway infrastructure project pipeline. The company had also secured a separate ₹96.25 crore maintenance contract from Konkan Railway for tunnel communication systems, including video surveillance, public address and emergency communication systems. What Investors Should Monitor: The new contract provides additional project execution opportunities for IRCON. Investors can track execution within the 365-day timeline, fresh order inflows and the company's ability to convert its order book into revenue and profitability. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.