Ashoka Buildcon Limited — Updates, 24-05-2025: Press Release

Ashoka Buildcon reported a 21% decline in Q4 revenue and 8% drop for FY25, indicating execution challenges. EBITDA margin improved to 9.0% in Q4 from 8.6% the previous year. Profit after tax was Rs. 59.6 Cr, affected by last year’s exceptional gains. Standalone debt remains high at Rs. 1,405 Cr. The order book strengthened with new wins including a Rs. 1,391 Cr economic corridor HAM project in West Bengal, a Rs. 312 Cr substation EPC in Maharashtra, and a Rs. 569 Cr railway gauge conversion project. The company also sold a strategic stake in its renewable energy arm for Rs. 1.98 Cr.