The shares of an Infrastructure company specializing in the business of construction and infrastructure facilities on EPC and BOT basis jumped upto 3 percent following their Q3 results with a 570 percent rise in Profit YoY.
Price action
With a market capitalization of Rs. 6,682.62 crores on Tuesday, the shares of Ashoka Buildcon Limited jumped up to 3.3 percent making a high of Rs. 245.15 per share compared to the previous close of Rs. 237.35 per share.
What Happened
Ashoka Buildcon Limited engaged in the business of construction and infrastructure facilities on EPC and BOT basis has announced its Q3FY25 results.
Its Revenue from operations fell by 10 percent YoY from Rs. 2,657 Crores in Q3FY24 to Rs. 2,388 Crores in Q3FY25 and it declined by 4.05 percent QoQ from Rs. 2,489 Crores in Q2FY25 to Rs. 2,388 Crores in Q3FY25.
Its Net Profit rose by 570 percent YoY from Rs. 98.8 Crores in Q3FY24 to Rs. 662 Crores in Q3FY25 and it grew by 43 percent QoQ from Rs. 462 Crores in Q2FY25 to Rs. 662 Crores in Q3FY25.
The earnings per share (EPS) for the quarter stood at Rs. 23.32, compared to Rs. 16.28 in the previous quarter and Rs. 3.43 in the same quarter last year.
About the Company
Ashoka Buildcon is an Indian infrastructure development company specializing in road construction, highways, and urban infrastructure projects. It focuses on building and maintaining highways, bridges, and other public infrastructure across India. The company also has interests in power transmission and distribution. With a strong presence in the infrastructure sector, Ashoka Buildcon is known for its engineering and project execution capabilities.
Segment Breakup (As of December 2024)
Ashoka Buildcon’s revenue is primarily driven by Road EPC, contributing 57.9 percent, 12.4 percent from Road HAM, 3.4 percent from Building EPC, 2.5 percent from Railways, and 23.7 percent from Power T&D.
Marquee Clients
Ashoka Buildcon has a prestigious set of marquee clients, including the Ministry of Road Transport and Highways (MORTH), Ircon International Ltd, NHAI, Tamil Nadu Road Development Company Ltd (TNRDC), Rail Vikas Nigam Ltd (RVNL), UPEIDA, Public Works Departments (PWD), and more.
Written by Sridhar J
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