Ahluwalia Contracts (India) Third Quarter 2024 Earnings: EPS: ₹10.49 (vs ₹6.71 in 3Q 2023)

Ahluwalia Contracts (India) (NSE:AHLUCONT) Third Quarter 2024 Results

Key Financial Results

• Revenue: ₹10.3b (up 38% from 3Q 2023).
• Net income: ₹702.4m (up 56% from 3Q 2023).
• Profit margin: 6.8% (up from 6.0% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: ₹10.49 (up from ₹6.71 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Ahluwalia Contracts (India) Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Construction industry in India.

Performance of the Indian Construction industry.

The company's shares are up 11% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Ahluwalia Contracts (India)'s balance sheet.

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