NCC reports over two and a half fold jump in Q4 consolidated net profit

23 May 2013

NCC has reported a net profit of Rs 27.18 crore for the fourth quarter ended March 31, 2013 on a standalone basis as against Rs 10.79 crore for the corresponding quarter last year, registering a gain of 152%. The total income from operation of the company for the quarter was marginally lower at Rs 1,741 crore as against Rs 1,755 crore for the corresponding quarter last year.

The company, on consolidated basis, registered over two and a half fold rise in its net profit at Rs 12.31 crore as compared to Rs 4.61 crore in same quarter previous year. The total income from operation of the company declined marginally to Rs 2,032 crore for the fourth quarter as against Rs 2,055 crore in Q4FY12.

The Hyderabad-based infrastructure has reported a net profit of Rs 62.67 crore for the year ended March 31, 2013, up by 74.18% as against a net profit of Rs 35.98 crore in FY12. The total income from operation of the company increased by 9.05% to Rs 5,725 crore as against Rs 5,250 crore during the previous financial year.

For the full year on a consolidated basis, the company logged a net profit of Rs 56.38 crore as against Rs 54.91 crore in FY12, while the total income from operation of the company increased to Rs 6968 crore as compared to Rs 6665 crore in FY12.

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