Archive · 2 Jun 2025
IRCON Wins ₹253.6 Crore KAVACH Contract from South Western Railway
IRCON International Ltd.
won a contract to install a train safety system called KAVACH.
This system helps prevent train collisions.
The contract is worth ₹253.6 crore and covers a large area in the Bengaluru and Mysuru divisions.
Ircon's net profit slightly decreased in the fourth quarter of the fiscal year, with revenue also experiencing a small decline.
The KAVACH project is expected to be completed within 18 months.
On the BSE, Ircon International Ltd.'s shares closed down by 4.61%.
IRCON secured a ₹253.6 crore contract from South Western Railway.
The contract is for implementing the KAVACH train collision avoidance system.
The project covers 778 route kilometers in the Bengaluru and Mysuru divisions.
The project is expected to be executed within 18 months.
Ircon International's net profit decreased by 3.8% year-on-year.
- Who
- IRCON International Ltd.
- What
- IRCON secured a contract for KAVACH implementation.
- When
- The contract was secured on Tuesday, May 20.
- Where
- Bengaluru and Mysuru divisions of South Western Railway.
- Why
- To implement KAVACH, an indigenous train collision avoidance system.
- Company
- IRCON International Ltd.
- Contract Value
- ₹253.6 crore
- Project
- KAVACH implementation
- Railway Division
- South Western Railway, Bengaluru & Mysuru divisions
- Route Kilometers
- 778
- Completion Time
- 18 months
- Net Profit Q4 2024
- ₹246.8 crore