Ashoka Buildcon Q1 FY27 results: revenue dips, two directors elevated to JMD
ASHOKA · price
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Board approved unaudited Q1 FY27 results. Standalone revenue was about Rs 1,287.88 crore (vs Rs 1,310.64 crore YoY), PAT at Rs 31.54 crore (vs Rs 30.62 crore). Consolidated revenue fell around 20.5 percent to Rs 1,499.61 crore; PAT dropped to Rs 127.17 crore from Rs 226.89 crore. Operating margin compressed to 17.19 percent from 31.74 percent. Auditor gave unmodified review but flagged ongoing CBI sub-judice matter. Two Whole-time Directors re-designated as Joint Managing Directors.
Weak consolidated show with sharp margin compression and revenue dip; CBI overhang remains. Leadership rejig signals continuity in execution.