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NCC reports 8% fall in Q2 net profit

09 Nov 2016 Evaluate

NCC has reported results for second quarter ended September 30, 2016.   

The company has reported 7.77% fall in its net profit at Rs 51.18 crore for the quarter under review as compared to Rs 55.49 crore for the same quarter in the previous year. Total income of the company decreased by 8.18% at Rs 1972.95 crore for the quarter under review as compared Rs 2148.68 crore for the corresponding quarter previous year.

NCC is engaged in development of real estate. The company’s projects stand on credentials of its work in various sectors such as Housing, Transportation, Power, water, Metals and Oil and gas.

Peers
Company Name CMP
Larsen & Toubro 3770.00
Kalpataru Projects 1376.45
NCC 130.30
Rail Vikas Nigam 203.00
KEC International 390.40
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