Ashoka Buildcon Limited — Updates, 10-02-2025: Press Release
Ashoka Buildcon Limited reported a challenging performance for Q3 FY25 with total income of ₹1,815.7 Cr, down 16% YoY, while 9M FY25 figures indicate a 3% decline to ₹5,175.4 Cr. However, EBITDA improved to ₹187.1 Cr with a margin increase to 10.3%, reflecting operational resilience. Profit Before Tax was impacted, falling 32% to ₹78.9 Cr.
On the operational front, the company is actively restructuring its portfolio, divesting stakes in several subsidiaries, including Ashoka Concessions Limited, valued at ₹5,718 Cr. This move is projected to enhance operational efficiency and focus on core markets. The order book stands strong at ₹16,457 Cr, primarily in road EPC, indicating ongoing growth potential. Recent awards and approvals for various infrastructure projects totaling over ₹5,000 Cr highlight an optimistic outlook. Investors should watch closely as these strategic maneuvers could position the company well for future recovery and growth.
