NCC reports 29% fall in Q1 consolidated net profit

09 Aug 2019 Evaluate

NCC has reported results for first quarter ended June 30, 2019.

The company has reported a fall of 21.56% in its net profit at Rs 81.32 crore for the quarter under review as compared to Rs 103.67 crore for the same quarter in the previous year. Total income of the company decreased by 7.39% at Rs 2,212.70 crore for Q1FY20 as compared Rs 2,389.14 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 29.26% in its net profit at Rs 72.27 crore for the quarter under review as compared to Rs 102.16 crore for the same quarter in the previous year. Total income of the company decreased by 6.29% at Rs 2,371.51 crore for Q1FY20 as compared Rs 2530.81 crore for the corresponding quarter previous year.

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