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Highways builder Ashoka Buildcon Q2 PAT jumps six-fold to Rs 70 cr

The company had posted a PAT of Rs 11.45 crore in the corresponding quarter a year ago, it said in a regulatory filing to the BSE

highways, nhai, roads, construction, transport

Press Trust of India New Delhi

Highways builder Ashoka Buildcon on Wednesday reported a six-fold jump in consolidated profit after tax (PAT) at Rs 70.42 crore for the quarter ended September 30, 2020.

The company had posted a PAT of Rs 11.45 crore in the corresponding quarter a year ago, it said in a regulatory filing to the BSE.

Total income stood at Rs 1,218.02 crore during the quarter under review as against Rs 1,052.99 crore in the year-ago quarter.

Total expenses during the quarter under review rose to Rs 1,109.83 crore from Rs 999.90 crore a year ago.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Nov 11 2020 | 11:07 PM IST

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