Ashoka Buildcon Ltd delivered a robust performance in Q3 FY25, posting a 62.4% year-on-year (YoY) increase in profit before tax to ₹306.7 crore, driven by operational efficiencies and margin expansion, even as revenue witnessed a decline.
The company’s revenue for the quarter slipped 10.1% YoY to ₹2,387.9 crore, compared to ₹2,657.1 crore in the same period last year. Despite the revenue dip, Ashoka Buildcon’s EBITDA grew 7% YoY to ₹638 crore, reflecting its ability to manage costs and optimize project execution.
Margin Expansion and Operational Excellence
EBITDA margins saw a notable improvement, rising to 26.8% from 22.5% in Q3 FY24, underscoring better project management and cost control. This margin expansion highlights the company’s focus on enhancing efficiency across its operations, particularly in infrastructure development projects such as highways, bridges, and urban infrastructure.
Strong Order Book to Drive Future Growth
Ashoka Buildcon continues to benefit from its diverse project portfolio and healthy order book, which is expected to support long-term growth. The company’s expertise in infrastructure development positions it well for future opportunities in the sector.
Market Reaction
Shares of Ashoka Buildcon closed at ₹237.35 on the BSE, down 4.68% on the day, ahead of the company’s earnings announcement.
