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NCCL's net up 2% at Rs58.27 crore in Q3
NCC Ltd (NCCL) recorded a net profit of Rs58.27 core for the third quarter of the current fiscal. The quarterly net profit recorded a marginal rise of 2.17 percent from Rs57.03 crore.
Hyderabad: NCC Ltd (NCCL) recorded a net profit of Rs58.27 core for the third quarter of the current fiscal. The quarterly net profit recorded a marginal rise of 2.17 percent from Rs57.03 crore.
NCCL on Friday announced its third quarter results. Turnover including other income eased 7.29 percent to Rs1,943 crore for the third quarter ended December of the 2016-17 financial year from Rs2,096 crore in the previous corresponding quarter.
A Ranga Raju, MD, NCC Ltd, said: “The company secured new projects worth Rs9,312 crore during the nine months of the current fiscal. With the new orders on hand, the total order book now stands at Rs20,466 crore.” EPS was Rs1.05 for the quarter as against Rs1.03 in the previous corresponding quarter.
The turnover for the nine-month period ending December 2016 was Rs5,846cr from Rs6,020 cr in 2015. EPS for the nine months rose to Rs2.91 from Rs2.77. EBIDTA was Rs511cr for the nine-month period, marginal lower than Rs528.66cr in the previous period.
