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NCC reports 37% fall in Q3 consolidated net profit

08 Feb 2020 Evaluate

NCC has reported results for third quarter ended December 31, 2019.

The company has reported a fall of 31.16% in its net profit at Rs 110.31 crore for the quarter under review as compared to Rs 160.23 crore for the same quarter in the previous year. Total income of the company decreased by 33.80% at Rs 2149.03 crore for Q3FY20 as compared Rs 3246.09 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 37.41% in its net profit attributable to shareholders of the company at Rs 103.83 crore for the quarter under review as compared to Rs 165.89 crore for the same quarter in the previous year. Total income of the company decreased by 33.16% at Rs 2282.98 crore for Q3FY20 as compared Rs 3415.64 crore for the corresponding quarter previous year.

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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