Ahluwalia Contracts reports 67% profit jump in Q1

Ahluwalia Contracts (India) Limited reported a 67% jump in profit to INR 51.11 crores for the first quarter, while turnover rose 9.3% to INR 1,004.88 crores.

EBITDA margin improved to 8.59% from 6.58% in the prior year, with profit margin rising to 5.01% from 3.29%.

The company's net order book stood at INR 16,582.09 crores as of June 30, with new orders of INR 3,889.06 crores secured in the quarter.