Vascon Engineers Limited — Investor Meet, 16-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Vascon Engineers' Q3 FY26 consolidated income fell 15% to Rs. 254 Cr, with PAT at Rs. 9 Cr, impacted by lower real estate project completions and EPC slowdowns due to Bihar elections and approval delays. Nine-month income rose slightly to Rs. 725 Cr. The company added Rs. 646 Cr in new EPC orders, taking the order book to Rs. 2,825 Cr (77% government-backed). Real estate saw Rs. 86 Cr in new sales. Management acknowledged missing FY26 EPC revenue targets due to temporary blips but remains confident in the strong project pipeline, Adani tie-up progress, and a strengthened balance sheet for future growth.