Moneycontrol
Nov 14, 2017 03:18 PM IST | Source: Moneycontrol.com

NCC slips 6% on poor Q2 numbers

Revenue of the company was down 33 percent at Rs 1,300 crore versus Rs 1,947.9 crore.

Moneycontrol News @moneycontrolcom

Shares of NCC slipped 6 percent intraday Tuesday on the back of dismal September (Q2FY18) numbers.

The company's Q2 net profit fell 60.8 percent at Rs 20 crore against Rs 51 crore in the same quarter last fiscal.

Revenue of the company was down 33 percent at Rs 1,300 crore versus Rs 1,947.9 crore.

The operating profit (EBITDA) was down 27 percent at Rs 124 crore and EBITDA margin was up at 9.6 percent.

At 14:36 hrs NCC was quoting at Rs 99.55, down Rs 4.15, or 4.00 percent on the BSE.

The share touched its 52-week high Rs 114.00 and 52-week low Rs 79.30 on 01 November, 2017 and 10 August, 2017, respectively.

Currently, it is trading 12.68 percent below its 52-week high and 25.54 percent above its 52-week low.

The share price was up 32 percent in the last one year.

Posted by Rakesh Patil
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