Ashoka Buildcon Q2 FY27: Consolidated revenue Rs 1,504.62 cr; posts net loss of Rs 118.96 cr

What the numbers show

• Net margin was -7.91% of revenue, against 4.90% a year earlier.
• Total expenses fell 12.7% while revenue fell 18.7%.

• Basis: Consolidated unaudited financial results (statement of financial results) • Quarter reported: Quarter ended 30-Sep-26 (Q2 FY27), Unaudited • Comparative quarter: Quarter ended 30-Sep-25, Unaudited

Key P&L lines (consolidated, Rs in Lakhs except EPS, from the statement of financial results)

• Revenue From Operations
  • Current (30-Sep-26): Rs 1,504.62 cr
  • Prior (30-Sep-25): Rs 1,851.18 cr

• Other Income
  • Current: Rs 104.59 cr
  • Prior: Rs 56.70 cr

• Total Income (I+II)
  • Current: Rs 1,609.21 cr
  • Prior: Rs 1,907.88 cr

• Total expenses (IV)
  • Current: Rs 1,418.15 cr
  • Prior: Rs 1,624.40 cr

• Cost of materials consumed
  • Current: Rs 443.54 cr
  • Prior: Rs 409.15 cr

• Construction expenses
  • Current: Rs 673.98 cr
  • Prior: Rs 695.03 cr

• Employee benefit expenses
  • Current: Rs 110.89 cr
  • Prior: Rs 107.55 cr

• Finance costs
  • Current: Rs 81.55 cr
  • Prior: Rs 317.98 cr

• Depreciation and amortisation expenses
  • Current: Rs 42.05 cr
  • Prior: Rs 40.18 cr

• Other expenses
  • Current: Rs 66.14 cr
  • Prior: Rs 54.50 cr

• Profit before Exceptional Items and Tax (VII)
  • Current: Rs 190.81 cr
  • Prior: Rs 283.53 cr

• Exceptional Items (net) (VIII)
  • Current: Rs (318.57) cr
  • Prior: Rs (219.29) cr

• Profit / (Loss) before Tax (IX)
  • Current: Rs (127.76) cr
  • Prior: Rs 64.24 cr

• Profit / (Loss) after tax (XI)
  • Current: Rs (118.96) cr
  • Prior: Rs 90.70 cr

• Earnings per equity share – With Exceptional Items (XIV a)
  • Current: (4.23)
  • Prior: 2.78

• Earnings per equity share – Without Exceptional Items and related tax (XIV b)
  • Current: 5.49
  • Prior: 9.48

In the consolidated statement of financial results for the quarter ended 30-Sep-26, revenue from operations was Rs 1,504.62 cr compared with Rs 1,851.18 cr in the corresponding quarter of the previous year. Total income, including other income, stood at Rs 1,609.21 cr versus Rs 1,907.88 cr a year earlier.

Total expenses were Rs 1,418.15 cr against Rs 1,624.40 cr in the year-ago quarter. Within this, cost of materials consumed was Rs 443.54 cr (prior Rs 409.15 cr), construction expenses were Rs 673.98 cr (prior Rs 695.03 cr), and employee benefit expenses were Rs 110.89 cr (prior Rs 107.55 cr). Finance costs declined to Rs 81.55 cr from Rs 317.98 cr, while depreciation and amortisation expenses were Rs 42.05 cr versus Rs 40.18 cr. Other expenses rose to Rs 66.14 cr from Rs 54.50 cr.

Profit before exceptional items and tax (after share of profit/(loss) from partnership firms, joint ventures and associates) was Rs 190.81 cr, compared with Rs 283.53 cr in the same quarter last year. Exceptional items (net) were reported as Rs (318.57) cr in the current quarter versus Rs (219.29) cr in the prior-year quarter, as per the statement of financial results.

After exceptional items, the company reported a loss before tax of Rs (127.76) cr, compared with a profit before tax of Rs 64.24 cr a year earlier. Total tax expenses were shown as Rs (8.80) cr in the current quarter versus Rs (26.46) cr in the corresponding quarter. Consequently, profit / (loss) after tax moved to a loss of Rs (118.96) cr from a profit of Rs 90.70 cr in the year-ago period.

Earnings per equity share (face value Rs 5 each) with exceptional items were reported at (4.23), compared with 2.78 in the corresponding quarter. Without exceptional items and related tax, earnings per share were 5.49 versus 9.48 a year earlier, according to the statement of financial results.