Afcons Infrastructure on Friday reported a decline of 23% to Rs 110.92 crore in its consolidated net profit for quarter ended on March 31, compared to Rs 144.90 crore in the corresponding period a year ago. It reported a net profit of Rs 148.85 crore in the previous quarter.
The revenue from operations is reported at Rs 3,223.27 crore in Q4FY25 against Rs 3,636.43 crore a year ago. It was at Rs 3,211.10 crore in the previous quarter.
Additionally, the company's board of directors approved a dividend of Rs 2.50. The share of the company settled at 445.35 on Friday at BSE.
“Afcons Infrastructure witnessed a strong surge in EBITDA and PAT despite the topline headwinds during FY25, coupled with substantial improvement in debt metrics. The strong performance momentum witnessed during the year was a testament of our resilience," Mr. Subramanian Krishnamurthy, Executive Vice Chairman (Whole-time Director) said in a stock exchange filing.
"In FY25, we reported a total income of Rs 13,023 crore, with the corresponding EBITDA margin at 12.8%, reflecting improved profitability during the year. Our profit after tax grew by 8.2% year-on-year, as we continued to strive for sustainable profitable growth. On the back of strong order inflow of Rs 15,960 crore, our order book reached Rs 36,869 crore, excluding L1 projects worth Rs 10,662 crore. This includes high-quality and diversified orders. Our robust order book with a strong book to bill ratio of 2.9x
showcases the company’s ability to deliver top-line growth over the medium term. We remain at the forefront of India’s infrastructure development which should help us achieve robust order book growth in the future as well," he added.
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