Vascon Engineers approves Q2 2025 results, addresses divestment dispute

Vascon Engineers Limited's board of directors, in a meeting held today, November 10, 2025, approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. The standalone total income for the half-year reached Rs. 47,117 lakhs, with a profit before tax of Rs. 4,209 lakhs. On a consolidated basis, the total income for the half-year was Rs. 47,168 lakhs, and profit before tax stood at Rs. 4,244 lakhs. These results were reviewed and recommended by the audit committee.

The company also provided an update on the divestment of its entire shareholding in Almet Corporation Limited (ACL). Despite a Share Transfer Agreement dated March 31, 2025, and control relinquishment, a dispute among transferees has put the agreement in abeyance for ACL. The matter is currently under review, with appropriate action to be taken upon its resolution.

The unaudited financial results, along with unmodified Limited Review Reports from M/s Sharp & Tannan Associates, will be accessible on the websites of the stock exchanges and the company's website.