Incorporated in 1986, Vascon EngineersLtd is a Construction Engineering company, operating in the Real Estate sector
CRISIL Ratings has reaffirmed ratings for Vascon Engineers. Long Term Facilities are rated CRISIL BBB+/Stable, with Short Term Facilities at CRISIL A2. The 'Stable' outlook for long-term debt indicates a consistent credit profile. This update offers investors a clear view of the company's financial stability.
Vascon Engineers' Q1 FY27 showed consolidated revenue at INR152 Cr and PAT at INR2 Cr, impacted by temporary EPC execution delays in government projects. Management expects a ramp-up from Q2. The EPC order book is strong at INR2,850 Cr, with new orders of INR295 Cr and an LOI for INR126...