NCC's Q4 profit rise to Rs 51.98 cr

Infrastructure firm NCC Ltd today reported a huge jump in its consolidated net profit at Rs 51.98 crore for the quarter ended March 31, 2015.
The firm had posted a net profit of Rs 3 crore in the year-ago period.
Total consolidated income of the company rose by 9 per cent to Rs 2,488.27 crore in the January-March quarter of the last fiscal from Rs 2,288.03 crore in the same quarter of 2013-14, NCC said in a BSE filing.
"During the year the, company secured orders Rs 7,381 crore and the order book of the company stood at Rs 19,323 crore as of March 31, 2015," it said in a statement.

The board of directors at their meeting also recommended a equity dividend of 20 per cent on the paid up capital of Rs 111.19 crore subject shareholders' approval.
For the 2014-15 fiscal, its consolidated net profit grew many fold to Rs 53.87 crore from Rs 3.3 crore in 2013-14.
Total consolidated income rose by 28 per cent to Rs 9,512 crore from Rs 7,463.15 crore during the same period.
Shares of the company rose by 6.31 per cent to settle at Rs 101.95 apiece at the BSE.