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Vascon Engineers announced that the 38th Annual General Meeting (AGM) of the company will be held on 26 September 2023.

Vascon Engineers to conduct AGM

The works contract has been awarded from Bihar Medical Services & Infrastructure Corporation on ‘EPC (engineering, procurement and construction) basis.The project has to be completed within 36 months from the date of receipt of LoA.Vascon Engineers is engaged in the EPC, real estate construction and development business. The real estate business of VEL comprises construction of residential and office complexes along with information technology parks, industrial units, shopping malls, multiplexes, educational institutions and hotels. Under the EPC segment, VEL has executed construction contracts. It primarily caters to government departments and authorities.The companys consolidated net profit rose 10.1% to Rs 11.90 crore on 1.6% increase in net sales to Rs 204.46 crore in Q1 FY24 over Q1 FY23.The counter hit a 52-week high of Rs 65.57 in intraday today, on the BSE.

Vascon Engg hits 52-week high on Rs 606-cr order win

The work has been awarded on ‘EPC basis’ and has to be completed within 36 months from the date of receipt of Letter of Acceptance.

Vascon Engineers share price hits 52-week high, gains 9% on Rs 606 crore order win

Vascon Engineer Standalone March 2023 Net Sales at Rs 247.61 crore, up 67.12% Y-o-Y

Vascon Engineer Consolidated March 2023 Net Sales at Rs 327.34 crore, up 50.21% Y-o-Y

For the financial year 2022-23, Vascon Engineers said the consolidated profit grew by 177 percent to Rs 99.41 crore and revenue surged 53.1 percent to Rs 999.9 crore compared to previous year.

Vascon Engineers rallies 7% after robust growth in quarterly earnings

Vascon Engineer Consolidated December 2022 Net Sales at Rs 254.02 crore, up 48.88% Y-o-Y

Vascon Engineer Standalone December 2022 Net Sales at Rs 198.44 crore, up 63.18% Y-o-Y

Vascon Engineer Consolidated September 2022 Net Sales at Rs 217.34 crore, up 42.17% Y-o-Y

Vascon Engineer Consolidated June 2022 Net Sales at Rs 201.23 crore, up 80.28% Y-o-Y

Vascon Engineers Ltd. engages in the construction and development of residential and non-residential properties. It operates through the following segments: Engineering, Procurement and Construction (EPC); Real Estate Development and Manufacturing and Building Management System. The EPC segment include construction of residential, commercial, industrial, and other construction. The Real Estate Development segment focuses in the development of residential, hotel premises, and industrial park. The Manufacturing and BMS segment manufactures clean room partition and BMS. The company was founded by R. Vasudevan on January 1, 1986 and is headquartered in Pune, India.

Watchers	53
52-Wk Low	23.85
52-Wk High	65.70

Market Cap	12.48B
Volume (M)	1.19M
52-Wk High	65.70
52-Wk Low	23.85

VASCONEQ.NSE Vascon Engineers Limited

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