Vascon Engineers Ltd — earnings calls

Vascon Engineers reported consolidated revenue of Rs 152 crore for Q1 FY27, down from Rs 221 crore a year earlier, which management attributed to lower EPC execution caused by temporary cash flow constraints on two government projects. EBITDA fell to Rs 10 crore from Rs 34 crore, though the prior-year figure included an Rs 18 crore one-time gain from an investment sale, making the adjusted margin roughly comparable at around 6%. Management said the EPC order book stood at approximately Rs 2,850 crore and outlined plans to accelerate execution, scale the real estate business, and pursue new EPC orders during the rest of FY27.