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Ashoka Buildcon Q2 FY26 results (Jul–Sep 2025) and concall

Construction · Concall AI · Call held 17 Nov 2025

Ashoka Buildcon reported a challenging Q2 FY26 with revenue degrowth on both standalone and consolidated bases, primarily due to extensive monsoon and intense competition. Despite this, standalone PAT saw significant growth. The company maintained a strong order book and continued its asset monetization strategy, selling 5 HAM SPVs and outlining plans for further divestments to achieve near-zero standalone debt by year-end. Management expressed optimism for H2 FY26 with accelerated order awards and execution.

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What they filed

Q2 FY26: revenue down 25.6%, net profit down 80.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue2,489 2,388 2,694 1,887 1,851 −26%
EBITDA905 639 777 599 585 −35%
Net profit462 662 452 227 91 −80%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.