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Ashoka Buildcon reports consolidated net profit of Rs 80 crore in Q1

11 Aug 2021 Evaluate

Ashoka Buildcon has reported results for first quarter ended June 30, 2021.

The company has reported 46.72% rise in its net profit at Rs 101.33 crore for the quarter under review as compared to Rs 69.06 crore for the same quarter in the previous year. Total income of the company increased by 70.55% at Rs 1058.61 crore for Q1FY22 as compared Rs 620.71 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit attributable to owners of the Group at Rs 80.22 crore for the quarter under review as compared to net loss of Rs 27.94 crore for the same quarter in the previous year. Total income of the company increased by 65.32% at Rs 1310.15 crore for Q1FY22 as compared Rs 792.50 crore for the corresponding quarter previous year. 

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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