Ashoka Buildcon Q1 results: PAT up 7% at Rs 69 cr

Ashoka Buildcon Q1 results: PAT up 7% at Rs 69 cr

NEW DELHI: Highways builder Ashoka Buildcon on Tuesday stated it has reported a 6.7 per cent lengthen in its standalone PAT to Rs 69 crore for the first quarter ended June 30.

The firm had clocked a earnings after tax (PAT) at Rs 65 crore for the corresponding quarter a year ago, it stated in a commentary.

The firm reported a total earnings of Rs 621 crore in Q1 FY21 towards Rs 911 crore in Q1 FY20. Industry operations were impacted due to imposition of nationwide lockdown to beget the spread of COVID-19, it added.

The firm’s BOT (style, operate and transfer) division toll assortment used to be Rs 124 crore in Q1 FY21, it added.

In April, it had recorded toll lack of 19 days amid the lockdown.

The firm’s total consolidated debt stood at Rs 5,581 crore, it stated, adding the identical on a standalone basis is Rs 239 crore, which contains of Rs 211 crore of equipment loans and Rs 27 crore of working capital loans.

Entire expose book of the firm as on June 30, 2020 stood at Rs 8,617 crore.


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