The construction firm had submitted an offer to Bailey Properties with respect to the project viz. "work of construction of mall cum multiplex, B2+B1+LG+G+4, near Pillar 64, Bailey Road, Patna on item rate basis" to be completed within a period of 15 months.

The company's consolidated net profit rose 9.12% to Rs 79.94 crore on a 6.35% increase in net sales to Rs 1,264.87 crore in Q2 FY22 over Q2 FY21.

Shares of Ashoka Buildcon shed 1.57% to Rs 100.35 on BSE. Ashoka Buildcon is engaged in the construction & maintenance of roads and supporting services to land support-operation of toll roads.