Ashoka Buildcon released its Q3 & 9M FY26 standalone financial performance. Total revenue stood at ₹1,492 Crs for Q3 and ₹4,134 Crs for 9M. EBITDA was ₹157 Crs in Q3 and ₹468 Crs for 9M. Profit before Tax reached ₹50 Crs in Q3 and ₹150 Crs for the nine-month period. The company also reported key updates including stake sales and project acquisitions.
Financial Performance Highlights
Ashoka Buildcon has announced its standalone financial results for Q3 and the nine months ended December 31, 2025.
Q3 FY26 Results:
- Total Revenue: ₹1,492 Crs (down 18% year-over-year)
- EBITDA: ₹157 Crs (down 16% year-over-year)
- EBITDA Margin: 10.6% (up 30 bps year-over-year)
- Profit before Tax: ₹50 Crs (down 37% year-over-year)
9M FY26 Results:
- Total Revenue: ₹4,134 Crs (down 20% year-over-year)
- EBITDA: ₹468 Crs (down 5% year-over-year)
- EBITDA Margin: 11.3% (up 180 bps year-over-year)
- Profit before Tax: ₹150 Crs (down 25% year-over-year)
Key Updates
- Sale of Stake: ACL sold its 100% stake in five BOT SPVs to Maple Infrastructure Trust for ₹1,814 Crores.
- Acquisition of ACL: The company acquired 3,40,000 equity shares in Ashoka Concessions Limited (ACL) for ₹667 crores, making it a wholly-owned subsidiary.
- BMC Project: Received LOA for Mithi River Development project from BMC for ₹1,816 Crores (excluding GST).
- Additional Scope: Received a work order for additional scope for the existing BMC project for ₹447 Crores.
- Daman Project: Received LOA for construction of signature bridge in Daman for ₹307.7 Crores.
- Credit Rating: CRISIL reaffirmed its credit rating with a new rating of CRISIL A1+ for commercial paper facilities.
Source: BSE
