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Ashoka Buildcon reports 81% rise in Q2 consolidated net profit

09 Nov 2023 Evaluate

Ashoka Buildcon has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 8.77% rise in its net profit at Rs 71.20 crore for the quarter under review as compared to Rs 65.46 crore for the same quarter in the previous year. Total income of the company increased by 21.36% at Rs 1,589.71 crore for Q2FY24 as compared to Rs 1,309.93 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 81.21% rise in its net profit at Rs 118.98 crore for Q2FY24 as compared to Rs 65.66 crore for the same quarter in the previous year. Total income of the company increased by 19% at Rs 2,195.33 crore for Q2FY24 as compared to Rs 1,844.83 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Larsen & Toubro 3845.00
Kalpataru Projects 1397.60
NCC 133.45
Rail Vikas Nigam 207.00
KEC International 395.45
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