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HomeNewsBusinessEarningsAshoka Buildcon posts Rs 62 cr PAT in December quarter

Ashoka Buildcon posts Rs 62 cr PAT in December quarter

The company had clocked Rs 47 crore PAT during the same quarter a year ago, Ashoka Buildcon said in a statement.

January 30, 2019 / 18:59 IST
We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

Highways sector player Ashoka Buildcon on Wednesday said its standalone profit after tax (PAT) grew 32 percent to Rs 62 crore during the quarter ended December 31, 2018.

The company had clocked Rs 47 crore PAT during the same quarter a year ago, Ashoka Buildcon said in a statement.

Total income in the reported quarter was at Rs 1,091 crore as against Rs 675 crore in October-December 2017-18.

Shares of the company Wednesday settled 0.70 percent down at Rs 120.30 apiece on BSE.

PTI
first published: Jan 30, 2019 06:52 pm

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