Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Aug 19, 2024

Ahluwalia Contracts Q1 Results Review - Margins Impacted; Robust Order Book To Drive Growth: Axis Securities

Ahluwalia Contracts Q1 Results Review - Margins Impacted; Robust Order Book To Drive Growth: Axis Securities
Construction crane amid sunrise at the background. (Photographer: Vijay Sartape/ Source: NDTV Profit)

NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Axis Securities Report

Ahluwalia Contracts India Ltd. reported a mixed set of Q1 FY25 numbers. The company reported revenue of Rs 919 crore (up 9% YoY) and Ebitda of Rs 60 crore (down 19% YoY). It posted a profit after tax of Rs 31 crore (down 38% YoY).

Ebitda margins stood at 6.6% in Q1 FY25 (Our estimate: 8.9%) compared to 10.8% in Q1 FY24. PAT margins were 3.3% in Q1 FY25 versus 6.5% in Q1 FY24.

Various factors impacted execution, resulting in subdued margins during the quarter, but margins are expected to improve to double digits in H2 FY25.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search