NCC reports 79% fall in Q1 consolidated net profit
13th Aug 2020

NCC has reported results for the first quarter ended June 30, 2020.

The company has reported a fall of 79.18% in its net profit at Rs 16.93 crore for the quarter under review as compared to Rs 81.32 scrore for the same quarter in the previous year. Total income of the company decreased by 45.25% at Rs 1,211.41 crore for Q1FY21 as compared Rs 2,212.70 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 79.01% in its net profit attributed to shareholders at Rs 15.68 crore for the quarter under review as compared to Rs 74.70 crore for the same quarter in the previous year. Total income of the company decreased by 43.97% at Rs 1,328.71 crore for Q1FY21 as compared Rs 2,371.51 crore for the corresponding quarter previous year.