Hot Pursuit     16-Oct-24
Ashoka Buildcon gains on bagging BMC road project of Rs 1,127 cr
Ashoka Buildcon rallied 3.82% to Rs 261 after the civil construction company received letter of acceptance (LoA) for projects totalling to Rs 1,126.58 crore from the Brihanmumbai Municipal Corporation (BMC).
The project includes construction of flyover arm1, arm-2 at T Junction on Sion Panvel Highway, Maharashtra Nagar in M/E ward.

The accepted bid price for the project is Rs 1,126.58 crore and it will be executed within 30 months.

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

The company has reported a standalone net profit of Rs 40.8 crore in Q1 FY25, which is significantly higher as compared with Rs 16.4 crore in Q1 FY24. Total income jumped 22% YoY to Rs 1,900.8 crore during the period under review.

Previous News
  Ashoka Buildcon bags NHAI road project of Rs 1668.50 cr
 ( Corporate News - 02-Dec-22   18:58 )
  Ashoka Buildcon to convene board meeting
 ( Corporate News - 17-May-25   11:40 )
  Ashoka Buildcon to conduct AGM
 ( Corporate News - 13-Sep-24   11:30 )
  Ashoka Buildcon announces board meeting date
 ( Corporate News - 11-May-24   12:48 )
  Ashoka Buildcon receives completion certificate for its work on Vadodara Mumbai Expressway
 ( Corporate News - 05-Apr-24   12:25 )
  Ashoka Buildcon issues commercial paper of Rs 50 cr
 ( Corporate News - 28-Nov-24   18:04 )
  Ashoka Buildcon emerges lowest bidder for NHAI road project in Karnataka
 ( Corporate News - 14-Jan-22   10:09 )
  Ashoka Buildcon receives LoA for EPC project worth Rs 1669 cr
 ( Hot Pursuit - 02-Dec-22   14:43 )
  Ashoka Buildcon reports consolidated net profit of Rs 32.41 crore in the December 2019 quarter
 ( Results - Announcements 08-Feb-20   08:54 )
  Ashoka Buildcon provides update on NHAI road project in Karnataka
 ( Corporate News - 10-Mar-22   18:34 )
  Ashoka Buildcon receives LoA from NHAI for road project
 ( Corporate News - 31-Mar-22   11:55 )
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