Ashoka Buildcon Limited Receives Multiple Project Awards and Incorporates New Subsidiary

Ashoka Buildcon Limited, an integrated EPC and BOT player, released its unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a decrease in total income by 16% and a decrease in profit after tax by 30%. However, the company's EBITDA margin improved by 80 basis points, showcasing its ability to transform opportunities into success in complex sectors. The company also stated that forward-looking statements in the document are subject to numerous risks and uncertainties and may not necessarily be predictive of future results.

Ashoka Buildcon Ltd is an infrastructure development company primarily engaged in the construction of roads, bridges, and related projects.

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