Afcons Infrastructure Ltd. shares dipped 3% following the release of its Q3 FY25 earnings. As of 10:57 AM, the shares were trading 2.75% lower at Rs 426.60.
The company reported a net profit of Rs 148.9 crore for the quarter ended December, compared to Rs 109.7 crore in the same period last year. Revenue rose 2.7% year-on-year to Rs 3,211.1 crore from Rs 3,125.7 crore.
However, the firm’s earnings before interest, tax, depreciation, and amortization (EBITDA) declined 3% to Rs 364.5 crore, with margins contracting to 11.3% from 12% in the previous fiscal. The total income for the first nine months of FY25 fell 2% to Rs 9,635 crore, though net profit for the same period grew 3.9% to Rs 376 crore.
Afcons Infrastructure’s order book stood at Rs 38,021 crore, marking a 3.1x increase from Rs 30,961 crore in the year-ago period. The company’s key projects include urban infrastructure (57%), hydro and underground ventures (25%), marine and industrial developments (9%), surface transport (5%), and oil and gas (4%).
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. The author or Business Upturn is not liable for any losses arising from the use of this information.
