Afcons has carried out a wide range of complex and challenging engineering, procurement and construction projects both domestically and internationally over the last six decades. According to Fitch, it is recognized as one of the leading international infrastructure firms from the country based on international revenue for fiscal 2023.
Afcons operates across five major infrastructure business verticals — marine and industrial such as ports/harbours, dry docks, LNG tanks, and material handling systems; surface transport, including highways, interchanges, mining infrastructure, and railways; urban infrastructure covering metro rails, bridges, flyovers, and elevated corridors; hydro and underground, comprising dams, tunnels, and water-related projects; and oil and gas, involving offshore and onshore projects
Its order book stood at Rs 30,405.77 crore in FY23, up from Rs 26,248.46 crore in FY21.
Afcons’ consolidated revenue increased 14.7 percent to Rs 12,637.38 crore in FY23 from Rs 11,018.97 crore in the previous fiscal from which it had earned Rs 410.86 crore in net income, up 5 percent from Rs 357.60 crore in FY22.
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