Introduction:
Leading infrastructure company posted a strong 569.89% YoY and 43.04% QoQ surge in net profit for Q3 FY2025, despite a 10.14% revenue decline. While total income fell QoQ, profitability improved significantly, highlighting robust financial performance amid challenging market conditions.
Also Read: Ethanol stock falls 8% after its net losses increase by 46.7% in Q3
Share price movement of Ashoka Buildcon:
On February 11, 2025, Ashoka Buildcon Ltd. opened at ₹239.35, up 0.84% from its previous close of ₹237.35. The stock reached a high of ₹245.15, a 3.37% rise, and a low of ₹231.20. By 11:48 AM, it traded at ₹232.20 with a market cap of ₹6,518.39 crore.
Ashoka Buildcon Q3 Profit Soars:
Ashoka Buildcon Limited reported a significant 43.04% quarter-on-quarter (QoQ) increase in net profit to ₹661.5 crore in Q3 FY2025 from ₹462.5 crore in Q2 FY2025. On a year-on-year (YoY) basis, net profit surged 569.89% from ₹98.76 crore in Q3 FY2024.
Revenue from operations stood at ₹2,387.88 crore in Q3 FY2025, reflecting a 4.06% QoQ decline from ₹2,488.93 crore in the previous quarter. On a YoY basis, revenue dropped 10.14% from ₹2,657.12 crore in Q3 FY2024, indicating a slowdown in overall business activity.
Total income fell 4.06% QoQ to ₹2,426.36 crore from ₹2,529 crore in Q2 FY2025. Compared to ₹2,699 crore in Q3 FY2024, it registered a 10.1% YoY decline. Despite lower revenue, the company’s profitability saw a remarkable YoY surge.
Recent news on Ashoka Buildcon:
As of January 14, 2025, the Competition Commission of India approved Ashoka Buildcon Ltd’s acquisition of the remaining 34% stake in Ashoka Concessions Ltd. This move makes ACL a wholly-owned subsidiary, strengthening Ashoka Buildcon’s control over its infrastructure projects.
Stock performance of Ashoka Buildcon for Period of 1 week, 6 months and 1 year:
Ashoka Buildcon Ltd recorded a 2.20% decline over the past week, while its six-month performance showed a modest 1.78% gain. Over the past year, the stock surged 48.1%, reflecting strong long-term growth despite short-term fluctuations.
Also Read: Fertilizer stock falls 5% after its net profit decreases by 70% YoY
Shareholding pattern of Ashoka Buildcon:
All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 54.50% | 54.50% | 54.50% |
FII | 8.50% | 8.00% | 7.60% |
DII | 15.50% | 17.80% | 19.30% |
Public | 21.60% | 19.80% | 19% |
About Ashoka Buildcon:
Ashoka Buildcon Ltd (NSE: ASHOKA) is a Fortune India 500 company specializing in EPC, BOT, and HAM infrastructure projects. It develops highways, bridges, railways, power, and smart infrastructure, with a presence in 20+ states and 41 PPP projects executed.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.