Ashoka Buildcon posts healthy Q3FY17 result.
Bhagyashree Vivarekar / 24 Jan 2017
Ashoka Buildcon Ltd., has reported its results for the quarter ended December 31, 2016.
Total sales for this quarter, Q3FY17, have come in at Rs 524 crore. This represents a 18.35% sequential increase; and 18.16% YoY increase.
Ashoka Buildcon Ltd., has reported its results for the quarter ended December 31, 2016.
Total sales for this quarter, Q3FY17, have come in at Rs 524 crore. This represents a 18.35% sequential increase; and 18.16% YoY increase.
Operating profit (EBIT) for the recently concluded quarter amounts to Rs 51.32 crore and the EBIT margin stands at 9.79%.
The company has reported a PAT figure of Rs 42.69 crores, which represents a sequential QoQ decline of 5.82%; and a YoY increase of 114.63%.
Ashoka Buildcon has declared an interim dividend of Rs 0.8 per share for the financial year 2016-17.
Ashoka Buildcon Limited is an India-based company, operating in three business segments, pertaining to EPC contracts on a turnkey basis; BOT comprises of execution of projects on a long term basis; and sale of goods comprises of selling RMC & bitumen.
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