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The company said that it aims to engage with Adani Group on projects contributing additionally 30% of its annual turnover. This collaboration is envisioned as a long-term strategic partnership with scope and performance to be reviewed annually.
Vascon Engineers is a Pune-based player engaged in engineering, procurement, and construction (EPC), real estate construction, and development.
The company’s consolidated net profit surged 131.39% to Rs 21.89 crore on 12.71% increase in revenue from operations to Rs 221.18 crore in Q1 FY26 over Q1 FY25.