Ashoka Buildcon standalone net profit declines 28.06% in the September 2017 quarter

Capital Market 

Sales decline 14.47% to Rs 378.70 crore

Net profit of Ashoka Buildcon declined 28.06% to Rs 32.67 crore in the quarter ended September 2017 as against Rs 45.41 crore during the previous quarter ended September 2016. Sales declined 14.47% to Rs 378.70 crore in the quarter ended September 2017 as against Rs 442.76 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales378.70442.76 -14 OPM %13.3615.75 -PBDT49.8370.78 -30 PBT36.8057.79 -36 NP32.6745.41 -28

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First Published: Sat, November 11 2017. 16:24 IST