NCC has reported results for third quarter ended December 31, 2015.
The company has reported 34.79% rise in its net profit of Rs 56.64 crore for the quarter ended December 31, 2015 as compared to Rs 42.02 crore for the same quarter in the previous year. However, the company’s total income has decreased by 12.95% to Rs 2095.52 crore for the quarter under review from Rs 2407.14 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 57.88% rise in its net profit after taxes, minority interest and share of profit of associates at Rs 40.37 crore for the quarter ended December 31, 2015 as compared to Rs 25.57 crore for the same quarter in the previous year. However, total income of the company has decreased by 9.49% at Rs 2416.24 crore for quarter under review as compared to Rs 2669.65 crore for the quarter ended December 31, 2014.
