India's Ashoka Buildcon gains on quarterly profit rise

Ashoka Buildcon

13/11/2024 09:19

** Shares of Ashoka Buildcon  ABDL.NS  rise 2.7% to 230.94
rupees apiece
    ** Construction company posts qtrly net profit that more
than quadrupled year-on-year to 4.57 bln rupees ($54.16 mln)
    ** Qtrly revenue from operations rise 16% Y/Y to 24.89 bln
rupees
    ** Stock down about 4% in 2024 so far 


($1 = 84.3730 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))