NCC has reported results for third quarter ended December 31, 2014.
The company has reported a net profit of Rs 42.02 crore for the quarter under review as compared to a net loss of Rs 7.27 crore for the same quarter in the previous year. Total income of the company increased by 57.94% at Rs 2407.13 crore for Q3FY15 as compared Rs 1524.06 crore for the corresponding quarter previous year.
On the consolidated basis the company’s net profit after taxes, minority interest and share of profit / (loss) of associates jumped over five fold to Rs 25.73 crore for the Q3 FY15 as compared to Rs 4.75 crore in Q3 FY14. However, the total income decreased by 40.27% to Rs 2669.65 crore in the quarter under review as compared to Rs 1903.17 crore in the corresponding quarter previous year.
