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Ashoka Buildcon Secures Rs 290 Crore North Eastern Railway Contract
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CNBC TV18•09-10-2026, 20:02
Ashoka Buildcon Secures Rs 290 Crore North Eastern Railway Contract
- •Infrastructure firm Ashoka Buildcon received a letter of acceptance from North Eastern Railway for a Rs 290.23 crore contract.
- •The project involves upgrading electric traction power supply installations on the Gorakhpur Cantt–Chhapra Gramin section in Uttar Pradesh.
- •The engineering, procurement and construction project has a completion deadline of 24 months.
- •Ashoka Buildcon recently reported a 44.6 percent year-on-year increase in consolidated net profit to Rs 217.3 crore for the first quarter of fiscal 2025-26.
Key Questions Answered
Ashoka Buildcon received a letter of acceptance from North Eastern Railway for a ₹290.23 crore contract to upgrade electric traction power supply installations in Uttar Pradesh.
The project covers the Gorakhpur Cantt–Chhapra Gramin section and involves the design, supply, erection, testing, and commissioning of traction substations under the EPC mode with a 24-month completion deadline.
The company reported a 44.6% year-on-year increase in consolidated net profit to ₹217.3 crore, while revenue from operations fell 23.5% to ₹1,887 crore.
