NCC has reported results for second quarter ended September 30, 2015.
The company has reported 148.42% rise in its net profit at Rs 54.95 crore for the quarter ended September 30, 2015 as compared to Rs 22.12 crore for the same quarter in the previous year. However, the company’s total income has decreased by 5.97% to Rs 2147.98 crore for the quarter under review from Rs 2284.43 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported a net profit after taxes, minority interest and share of profit/(Loss) of associates at Rs 41.20 crore for the quarter ended September 30, 2015 as compared to net loss of Rs 3.16 crore for the same quarter in the previous year. However, total income of the company has decreased by 5.87% at Rs 2420.6 crore for quarter under review as compared to Rs 2571.57 crore for the quarter ended September 30, 2014.
