Ashoka Buildcon reports 51% rise in Q4 net profit

30 May 2018

Ashoka Buildcon has reported results for the fourth quarter and year ended March 31, 2018.

The company has reported a rise of 51.10% in its net profit at Rs 105.41 crore for the quarter ended March 31, 2018 as compared to Rs 69.76 crore for the same quarter in the previous year. Total income of the company increased by 38.63% at Rs 753.54 crore for the quarter under review as compared to Rs 543.55 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 35.36% in its net profit at Rs 237.01 crore as compared to Rs 175.09 crore for the previous year. Total income of company increased by 22.10% at Rs 2546.05 crore for the year under review as compared to Rs 2085.23 crore for the year ended March 31, 2017.

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