The project, spanning 10 years, covers Nagpur, Mumbai, Pune, Marathwada, and Konkan & Western Maharashtra, with an estimated total value of ₹1,387.19 crore.
Circle-wise investment breakdown
- Nagpur – ₹179.97 crore
- Mumbai – ₹291.49 crore
- Pune – ₹285.23 crore
- Konkan & Western Maharashtra – ₹315.54 crore
- Marathwada – ₹314.96 crore
The exact value will be finalised once the work order is officially issued.
Q4 results
Ashoka Buildcon Ltd reported its fourth-quarter earnings on Friday, May 23, showing a 73.2% increase in net profit to ₹432.2 crore, compared to ₹249.6 crore last year. The company’s revenue for Q4 stood at ₹2,694.4 crore, reflecting an 11.7% growth from ₹3,052 crore in the same period of the previous financial year.
Shares of Ashoka Buildcon gained 1.65% to ₹219.30 apiece on Thursday (June 5).
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