ACE declared the FY24 results today.
FY24 NP at 328 Cr vs 172Cr in FY23. EPS is Rs.27.5 Vs Rs 14.4.
Q4FY24 NP at 98 Cr vs 51.99Cr in Q4FY23.
Link: Action Construction - FY24 Results
Need to see the conference call updates from mgmt on order book. As of now, results seem to be inline, but maybe Rs.1-2 below what market was building. Company has done really well in Q4, but from VAHAN numbers we are going to see degrowth. Can mgmt assure that they do see a reliable order pipeline to compensate for reduce VAHAN numbers?
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