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Ashoka Buildcon posts Rs 134 cr consolidated net profit in Jan-Mar quarter

Its total income rose to Rs 5,152.21 crore in the last fiscal from Rs 5,007.22 crore in 2018-19

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For the financial year 2019-20, net profit stood at Rs 165.31 crore as against a net loss of Rs 33.46 crore in the previous year

Press Trust of India New Delhi

1 min read Last Updated : Jun 15 2020 | 11:27 PM IST

Ashoka Buildcon on Monday reported a consolidated net profit of Rs 134.55 crore for the quarter ended March.

The company had posted a net loss of Rs 10.23 crore in the year-ago period, according to a regulatory filing.

Total income in the fourth quarter of the previous financial year fell to Rs 1,609.12 crore, against Rs 1,624.04 crore in the corresponding period of the previous year.

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For the financial year 2019-20, net profit stood at Rs 165.31 crore as against a net loss of Rs 33.46 crore in the previous year.

Its total income rose to Rs 5,152.21 crore in the last fiscal from Rs 5,007.22 crore in 2018-19.

The company is into highway development.

Topics : Ashoka Buildcon Q4 earnings