IRCON bags India Pride Award 2013

IRCON International Limited, the country’s largest construction, Public Sector Undertaking (PSU) of Ministry of Railways, has been awarded the prestigious India Pride Awards for Excellence in Central PSUs in India Image Enhancement. The Award was received by Mohan Tiwari, CMD, IRCON, from  M.M. Pallam Raju, HRD Minister of India,  at a function in the capital today.  The Award was instituted by Dainik Bhaskar group in 2009 to honour the PSUs in their areas of excellence.

IRCON had achieved a PBT of more than Rs. 1,000 crore in the fiscal 2012-13. During the last five years, the Company has achieved phenomenal growth and has recorded a compounded annual growth rate of 44.61% in terms of PBT with five-fold increase in foreign share of business.

The Company has earned total foreign exchange of Rs. 2,117 crore in the last five years. IRCON has so far completed over 100 projects in more than 20 countries.