Profit before tax in Q4 FY23 was at Rs 97.68 crore, registering a growth of 72.4% from Rs 56.66 crore posted in Q4 FY22.

The company's revenue from contract work stood at Rs 861.28 crore (up 18% YoY) while revenue from investment property was at Rs 1.78 crore (up 81.63% YoY) during the period under review.

For the full year, the company's consolidated net profit rose 25% to Rs 193.98 crore on 5.4% increase in revenue to Rs 2,838.39 crore in FY23 over FY22.

Meanwhile, the firm's board has recommended a final dividend of Re 0.40 paisa per share for FY23, subject to the approval of members at the ensuing 44th AGM.

Ahluwalia Contracts' project portfolio encompasses projects across residential and commercial complexes, hotels, institutional buildings, hospitals and corporate offices, information technology (IT) parks and industrial complexes.