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NCC's consolidated net profit doubles in Q1FY23

10 Aug 2022 Evaluate

NCC has reported results for first quarter ended June 30, 2022.

The company has reported over 2-fold jump in its net profit at Rs 120.03 crore for the quarter under review as compared to Rs 51.74 crore for the same quarter in the previous year. Total income of the company increased by 56.36% at Rs 2,989.73 crore for Q1FY23 as compared Rs 1,912.06 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over two and a half fold jump in its net profit at Rs 137.40 crore for the quarter under review as compared to Rs 53.93 crore for the same quarter in the previous year. Total income of the company increased by 60.85% at Rs 3,350.91 crore for Q1FY23 as compared Rs 2,083.21 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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