Excelsior Correspondent
JAMMU, Oct 12: The Department of Public Enterprises (DPE), Government of India has upgraded the status of IRCON to “Navratna” here today.
This recognition is testimony to company’s continuous performance, commitment and contribution. With the grant of “Navratna” status the company should benefit in enhancing the market credibility and in undertaking larger size PPP projects.
IRCON is a leading Public Sector company in the field of construction of Railways, Highways, High speed rail and Dedicated freight corridors. The company has posted a consolidated annual turnover of Rs.10,750 crore and Proft after Tax of Rs.765 crore in the Financial Year 2022-23.
On this momentous occasion, Brijesh Kumar Gupta, CMD, IRCON said that IRCON has achieved this feat owing to its strong legacy in railway and other infrastructure sector.
We extend our heartfelt gratitude to the Ministry of Railways, Department of Public Enterprises, Department of Investment & Public Assets Management, Ministry of Finance under whose valuable guidance and support, IRCON has been able to achieve this milestone.
Gupta said that we also thank all our clients, vendors, auditors including C&AG and bankers for their continuous and unwavering support.
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