The company had submitted offer to Howe Engineering Projects (India) in respect of the project viz. work of construction of rock fill embankment and subgrade work for Navi Mumbai International Airport.

The company has been awarded the project with the cost of Rs 262.17 crore.

Ashoka Buildcon is engaged in the construction & maintenance of roads and supporting services to land support-operation of toll roads.

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.

The scrip shed 0.93% to currently trade at Rs 95.40 on the BSE.