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Ashoka Buildcon Ltd Q1FY24; 47% fall in Profits

Ashoka Buildcon Ltd is engaged in the business of construction and infrastructure facilities on EPC and BOT basis. It is also involved in the sale of RMC (ready mix concrete).

Financial Results:

Ashoka Buildcon Ltd reported Revenues for Q1FY24 of ₹1,935.00 Crores up from ₹1,879.00 Crore year on year, a rise of 2.98%.

Total Expenses for Q1FY24 of ₹1,877.00 Crores up from ₹1,729.00 Crores year on year, a rise of 8.56%.

Consolidated Net Profit of ₹72.00 Crores down 46.67% from ₹135.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.41, down 49.69% from ₹4.79 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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