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Afcons Infrastructure IPO 2024 Live Updates: Check Price Range, GMP, Listing, Date, Time & Other Details – IPO News
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Afcons Infrastructure IPO 2024 Live Updates: Check Price Range, GMP, Listing, Date, Time & Other Details – IPO News

Afcons Infrastructure Limited demonstrated strong financial growth in its latest financial results. For the financial year ending March 31, 2024, the company reported a 6% increase in revenue, totaling Rs 13,646.88 million, compared to Rs 12,844.09 million in the previous year. Profit after Tax (PAT) also witnessed a notable rise of 9%, reaching Rs 449.76 million against Rs 410.86 million for the financial year ending March 31, 2023.

As of June 30, 2024, Afcons’ total assets stood at Rs 17,184.58 million, reflecting robust growth from Rs 14,301.25 million a year earlier. The company’s net worth increased to Rs 3,662.25 million from Rs 3,155.06 million in March 2023. Additionally, reserves and surplus increased to Rs 3,342.52 million. Total borrowings stood at ₹3,365.1 million, indicating a strategic approach to financing its growth. Overall, Afcons Infrastructure Limited’s financials reflect a positive trajectory and strong operational performance.