Hot Pursuit     08-Mar-23
Ashoka Buildcon gains on project win of Rs 367-cr
Ashoka Buildcon rallied 2.81% to Rs 80.05 after the company announced that it has received notification of award for a project in Bihar for Rs 366.67 crore from North Bihar Power Distribution Company (NBPDCL).
The scope of the projects entails development of distribution infrastructure at Muzaffarpur electric supply circle in Muzaffarpur, Sitamarhi and Sheohar districts of Bihar under revamped reforms-based and results-linked, Distribution Sector Scheme.

The accepted contract value for the project is Rs 366.67 crore.

Ashoka Buildcon is presently engaged in the business of construction of infrastructure facilities on engineering, procurement and construction basis (EPC) and built, operate and transfer (BOT) basis and sale of ready mix concrete.

The company reported net profit of Rs 66.72 crore in Q3 FY23 as against net loss of Rs 693.55 crore posted in Q3 FY22. Revenue from operations jumped 41.3% year on year (YoY) to Rs 1,559.51 crore in the quarter ended 31 December 2022.

Previous News
  Ashoka Buildcon consolidated net profit rises 580.08% in the December 2024 quarter
 ( Results - Announcements 11-Feb-25   07:52 )
  Ashoka Buildcon consolidated net profit declines 21.16% in the December 2023 quarter
 ( Results - Announcements 08-Feb-24   07:26 )
  Ashoka Buildcon consolidated net profit rises 121.99% in the June 2024 quarter
 ( Results - Announcements 14-Aug-24   07:42 )
  Ashoka Buildcon schedules board meeting
 ( Corporate News - 04-Feb-25   16:36 )
  Ashoka Buildcon gains on emerging as L-1 bidder for MMRDA project
 ( Hot Pursuit - 26-Aug-24   09:48 )
  Ashoka Buildcon secures project valued at Rs 192 cr
 ( Corporate News - 27-Nov-24   17:39 )
  Ashoka Buildcon consolidated net profit declines 49.67% in the June 2023 quarter
 ( Results - Announcements 11-Aug-23   07:38 )
  Ashoka Buildcon reeives provisional completion certificate for NHAI project in Karnataka
 ( Corporate News - 22-Nov-23   10:12 )
  Ashoka Buildcon's subsidiary hands over Katni Bypass Road project
 ( Corporate News - 18-Aug-22   15:56 )
  Ashoka Buildcon to acquire 50% stake in GVR Ashoka Chennai ORR
 ( Corporate News - 14-Mar-24   11:38 )
  Ashoka Buildcon gains on bagging LoI for residential project
 ( Hot Pursuit - 12-Aug-22   10:37 )
Other Stories
  Torrent Pharmaceuticals Ltd gains for fifth session
  18-Jul-25   13:00
  Natco Pharma Ltd spurts 0.35%, gains for five straight sessions
  18-Jul-25   13:00
  Afcons Infra gains after emerging as L1 bidder for two major road construction contracts in Croatia
  18-Jul-25   12:55
  Nuvoco Vistas Corp rallies on stellar Q1 results, PAT surges to Rs 133 crore
  18-Jul-25   12:46
  Jio Financial Q1 PAT rises 3.8% YoY, AMC business scales rapidly
  18-Jul-25   12:34
  Viji Finance Ltd leads gainers in 'B' group
  18-Jul-25   12:15
  Saregama India Ltd leads gainers in 'A' group
  18-Jul-25   12:00
  Jagatjit Inds rises on launch of commercial grain-based ethanol production in Punjab
  18-Jul-25   11:53
  Route Mobile dips as Q1 PAT slides 32% YoY to Rs 53 cr in FY26
  18-Jul-25   11:43
  ACME Solar inks BESPA with NHPC for 275 MW/550 MWh battery storage projects
  18-Jul-25   11:41
Back Top