Company | Value | Change | %Change |
---|
The company’s revenue for the quarter stood at ₹2,387.9 crore, reflecting a 10.1% decline from ₹2,657.1 crore in the same period last year. However, EBITDA rose 7% YoY to ₹638 crore, up from ₹597 crore, indicating improved cost management.
Margin saw a significant expansion to 26.8%, compared to 22.5% in Q3 FY24, highlighting better execution and project efficiencies.
Also read: EIL Q3 Results: Navratna PSU gains on strong earnings, declares dividendAshoka Buildcon continues to benefit from its strong order book and expertise in infrastructure development, including road construction, bridges, and urban infrastructure projects.
Shares of Ashoka Buildcon closed at ₹237.35 on the BSE, down 4.68% ahead of the earnings announcement.
First Published: Feb 10, 2025 8:42 PM IS