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Ashoka Buildcon reports 32% rise in Q3 net profit

31 Jan 2019 Evaluate

Ashoka Buildcon has reported results for third quarter ended December 31, 2018.

The company has reported 32.33% rise in its net profit at Rs 62.18 crore for the quarter under review as compared to Rs 46.99 crore for the same quarter in the previous year. Total income of the company increased by 61.44% at Rs 1,090.53 crore for Q3FY19 as compared Rs 675.49 crore for the corresponding quarter previous year.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.

Peers
Company Name CMP
Larsen & Toubro 3632.00
Kalpataru Projects 1368.90
NCC 125.55
Rail Vikas Nigam 199.75
KEC International 352.15
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