NCC Ltd posts Rs 80 crore Q2 net

Hyderabad: NCC Limited, a city-based infrastructure major, on Tuesday announced that its standalone net profit stood at Rs 80.04 crore in July-September period of FY19-20.

The company had posted a net of Rs 125.65 crore in the corresponding quarter of the previous year.

The company reported a standalone total income of Rs 1,802.32 crore (including other income) for Q2 of the current year as against Rs 3,137.88 crore in the corresponding quarter a year ago.

It said EBITDA in Q2 of this fiscal stood at Rs 233.02 crore as against Rs 365.09 crore.

Mentioning about the standalone net for the six months period of the current year, the company said it stood at 161.36 crore till September 30, 2019 as against Rs 229.32 crore.

While the EBITDA was Rs 499.61 crore as against Rs 632.85 crore in the corresponding period of the previous year. The company

reported a total income of Rs 4,015.02 crore as against Rs 5,527.02 crore.

On consolidation basis, NCC Ltd said its EBITDA was Rs 258.13 crore with a net profit of Rs 78.78 crore as against Rs 400.86 crore and Rs 122.55 crore respectively.

In the second quarter of the current year, the infra major said it secured orders around Rs 1,518 crore and the order book stood at Rs 33,173 crore as on September 30, 2019.

In October 2019, the orders secured was a total worth of Rs 973.22 crore, it added.