Ashoka Buildcon records PAT of nearly Rs 41 crore in Q1; EBITDA margin at 7.6%

Total income rose by 22% year-over-year (YoY) to Rs 1,900.8 crore during the period under review.

While EBITDA improved by 52% to Rs 145.1 crore, EBITDA margin increased by 150 basis points to 7.6% in Q1 FY25 over Q1 FY24.

Profit before tax in Q1 FY25 stood at Rs 40.8 crore, up by 148% from Rs 16.4 crore recorded in Q1 FY24.

The company’s total order book as on 30 June 2024 was Rs 10,356 crore. The share of Power T&D projects and Road EPC projects was 42% and 36%, respectively. Road HAM, Railways and EPC – Building accounted for the remaining 21% of the total order book.

On a consolidated basis, Ashoka Buildcon has reported 122% increase in net profit to Rs 150.33 crore on a 27.4% rise in net sales to Rs 2,465.39 crore in Q1 FY25 over Q1 FY24.

Consolidated debt is Rs. 7,183 crore. The debt on a standalone basis is Rs 1,410 crore; which comprises of Rs 114 crore of equipment/term loans & Rs 1,296 crore of working capital loans.

Ashoka Buildcon is engaged in construction & maintenance of roads and supporting services to land support-operation of toll roads.

The scrip rose 0.68% to currently trade at Rs 235.95 on the BSE.