Ashoka Buildcon bags Rs 1,567 cr contract for NH-19 in WB

New Delhi: Infra player Ashoka Buildcon has bagged Rs 1,567 crore contract for upgrading part of NH-19 in West Bengal.

“Ashoka Buildcon is pleased to announce that the company has received Letter of Award from Adani Road Transport Limited in respect of the Project viz. ‘Execution of civil and associated works on Engineering, Procurement and Construction (EPC) basis of six-laning of National Corridor NH-19 from Pangarh to Palsit from 521.12 km to 588.87 km (total design length 67.75 km) in the State of West Bengal’," the company said in a stock exchange filing on Saturday.

The company had a consolidated net profit of Rs 80 crore in the first quarter of the current fiscal as compared to a loss of Rs 27 crore in the same period of the previous year.

 

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