Vascon Engineers Ltd, a leading name in construction and real estate, announced strong FY25 results, including a 41% revenue growth and a 92% profit surge. The company also expanded into Mumbai with new residential projects worth ₹300 crore.
Vascon EngineersReal EstateConstructionMumbaiFinancial ResultsReal Estate MumbaiMay 16, 2025
Vascon Engineers reported a 41% year-on-year increase in revenue, reaching ₹1,090 crore, and a 92% profit surge. The EPC revenue was ₹1,016 crore, and real estate revenue was ₹74 crore.
Vascon Engineers launched new residential projects in Mumbai valued at ₹300 crore, with a future development pipeline of ₹1,000 crore.
The real estate sector showed impressive momentum for Vascon Engineers, driven by rising incomes, favorable interest rates, and continued policy support. The company introduced new residential projects in response to the surge in housing demand.
Vascon Engineers received a credit rating upgrade from CRISIL, moving from BBB+ to A-.
Vascon Engineers continues to focus on Engineering Procurement Construction (EPC) and high-end residential development as its core areas for sustained growth.
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