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.”
The 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.”
In 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.
Reflecting 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.
With 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.
