NCC Limited posts 102 cr net in Q3

Hyderabad: NCC Limited, a city-based infrastructure major, posted a standalone net profit of Rs 110.31 crore in the third quarter of 2019-20, as against Rs 160.23 crore in the corresponding quarter of the previous financial year.

The company reported a consolidated net profit of Rs 102.50 crore in Q3 of FY 20, as against Rs 167.57 crore in the corresponding quarter of the previous year. During the nine months period of the current fiscal, the company said it secured orders of Rs 3,371 crore in various divisions and the order book stood at Rs 25,049 crore after excluding the non-moving orders of Rs 7,130 crore, it added.

The standalone turnover of the company for the nine months period in the current year is Rs 6,164 crore (including other income) as against Rs 8,773 crore in the corresponding period of the previous year. Whereas on consolidated basis, NCC Ltd reported a turnover of Rs 6,653 crore for nine months of the current year as against Rs 9,208 crore in the corresponding nine months of the previous year.