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NCC Ltd posts Q3 result, net profit increases by 74% at Rs 167.57 crore

NCC's consolidated revenue rose by 63.15 at Rs 3,415.64 crore as compared with Rs 2,093.45 crore in the corresponding previous quarter

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BS Reporter Hyderabad
Hyderabad-based construction company NCC Limited posted a 74 percent increase in net profit at Rs 167.57 crore for the quarter ended December 2018 on the back of higher revenue growth during the quarter. The company had reported a net profit of Rs 96.21 crore in the year ago period.

NCC's consolidated revenue rose by 63.15 at Rs 3,415.64 crore as compared with Rs 2,093.45 crore in the corresponding previous quarter.  

For the nine month period ending December 2018 the company's net profit grew more than two fold to Rs 392.28 crore as compared to Rs 121.60 crore in the same