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Ashoka Buildcon reports over 2-fold jump in Q2 net profit

Ashoka Buildcon has reported results for second quarter ended September 30, 2018.

The company has reported over 2-fold jump in its net profit at Rs 62.09 crore for the quarter under review as compared to Rs 27.67 crore for the same quarter in the previous year. Total income of the company also reported 2-fold jump at Rs 780.16 crore for Q2FY19 as compared Rs 389.48 crore for the corresponding quarter previous year.

Ashoka Buildcon builds and operates roads and bridges in India on a build, operate and transfer (BOT) basis. It currently operates one of the highest numbers of toll-based BOT projects in India.

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