Vascon Engineers Reports Impressive FY25 Results with 92% Profit Surge and 41% Revenue Growth

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 Reports Impressive FY25 Results with 92% Profit Surge and 41% Revenue Growth
Real Estate Mumbai:Vascon Engineers Ltd (BSE: 533156 | NSE: VASCONEQ), a well-established name in construction and real estate development with nearly four decades of industry presence, has announced its audited financial results for the fiscal year ending March 31, 2025. Managing Director Siddharth Vasudevan Moorthy stated, “We are pleased with the company’s performance in FY25, marking record achievements in project volumes, collections, and standalone quarterly earnings. The real estate sector showed impressive momentum, driven by rising incomes, favorable interest rates, and continued policy support. In response to the surge in housing demand, we introduced new residential projects in Mumbai valued at ₹300 crore.”nnThe company reported a 41% year-on-year increase in revenue, reaching ₹1,090 crore. This growth was powered by efficient execution and strong project progress across both EPC and real estate segments. Looking ahead, Moorthy added, “Our expansion into Mumbai supports our goal of offering modern, high-quality residential spaces tailored to urban lifestyles. With deep capabilities in both construction and real estate development, we are positioned for continued growth in FY26. Our priorities remain on timely project delivery, operational excellence, and enhancing customer satisfaction.”nnIn FY25, Vascon Engineers reported strong financial and strategic performance, with Engineering, Procurement, and Construction (EPC) revenue reaching ₹1,016 crore and real estate revenue at ₹74 crore. The company made a significant entry into the Mumbai market, launching projects worth ₹300 crore and outlining a future development pipeline of ₹1,000 crore.nnReflecting its improved financial strength and operational stability, Vascon also received a credit rating upgrade from CRISIL, moving from BBB+ to A-. Based in Pune, Vascon Engineers Ltd. is among India’s prominent listed real estate firms and has been recognized in the Fortune Next 500.nnWith a track record of over 225 completed projects covering more than 45 million square feet, the company has delivered landmark developments across residential, commercial, industrial, IT, hospitality, and institutional segments. Operating in over 30 cities nationwide, Vascon continues to focus on Engineering Procurement Construction (EPC) and high-end residential development as its core areas for sustained growth.

Frequently Asked Questions

What were the key financial highlights of Vascon Engineers for FY25?

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.

What new projects did Vascon Engineers launch in Mumbai?

Vascon Engineers launched new residential projects in Mumbai valued at ₹300 crore, with a future development pipeline of ₹1,000 crore.

How did Vascon Engineers perform in the real estate sector?

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.

What credit rating upgrade did Vascon Engineers receive?

Vascon Engineers received a credit rating upgrade from CRISIL, moving from BBB+ to A-.

What are the core areas of focus for Vascon Engineers?

Vascon Engineers continues to focus on Engineering Procurement Construction (EPC) and high-end residential development as its core areas for sustained growth.

Tags:

Related News Articles

Luxury Property Deals in Mumbai: Lloyds Group Promoter's Family Buys Triplex for ₹107 Crore
Real Estate Mumbai

Luxury Property Deals in Mumbai: Lloyds Group Promoter's Family Buys Triplex for ₹107 Crore

Mumbai's luxury real estate market sees a lucrative deal as Lloyds Group promoter's family purchases a triplex apartment for ₹107 crore in Worli area.

July 12, 2024
Read Article
Shriram Properties Launches Mixed-Use Development on 6-Acre Land in Pune
Real Estate Pune

Shriram Properties Launches Mixed-Use Development on 6-Acre Land in Pune

Listed real estate developer Shriram Properties has entered into a joint development agreement (JDA) for a mixed-used project on a 6-acre land parcel in Pune.

October 29, 2024
Read Article
Indian REITs Association Welcomes Alok Aggarwal as New Chairman
Real Estate

Indian REITs Association Welcomes Alok Aggarwal as New Chairman

The Indian REITs Association (IRA) has announced the appointment of Alok Aggarwal as its new chairman. Aggarwal, the CEO of Brookfield India Real Estate Trust, will lead the organization in its mission to promote and regulate the real estate investment tr

December 18, 2024
Read Article
SWAMIH Fund 2.0 and Higher TDS on Rentals to Boost Real Estate Growth: Hiranandani
Real Estate Maharashtra

SWAMIH Fund 2.0 and Higher TDS on Rentals to Boost Real Estate Growth: Hiranandani

Mumbai (Maharashtra) [India], February 1 (ANI): The proposed hike in TDS (Tax Deducted at Source) on rentals up to Rs 6 lakh, as promised in the recent budget, is expected to catalyze growth in the real estate sector, according to Hiranandani Group. This

February 1, 2025
Read Article
Mumbai Real Estate: Luxury Apartment in Worli Sells for ₹187 Crore
Real Estate Mumbai

Mumbai Real Estate: Luxury Apartment in Worli Sells for ₹187 Crore

SR Menon Properties LLP has purchased a 14,866 sq ft luxury apartment in the prestigious Lodha Sea Face project in Worli, Mumbai, for a whopping ₹187 crore. This transaction highlights the ongoing resilience and demand in Mumbai's high-end real estate mar

March 17, 2025
Read Article
Mumbai's Metro Line 8 to Revolutionize Connectivity Between Airports
Real Estate

Mumbai's Metro Line 8 to Revolutionize Connectivity Between Airports

Mumbai's Metro Line 8 is set to transform the city's transportation network by connecting the city's two major airports. This new line will not only reduce travel time but also boost real estate and economic development in the surrounding areas.

April 17, 2025
Read Article