Nagarjuna Construction consolidated net profit was down at Rs 52.1 crore versus Rs 55.8 crore, year-on-year, YoY. Its consolidated revenues were up at Rs 1,599 crore versus Rs 1,466 crore, YoY.
In an exclusive interview in CNBC-TV18, YD Murthy, executive Vice President-Finance, Nagarjuna Constructions says that the company expects to see a consolidated margin of 3.25-3.5%. Commenting on the lower top-line growth in Q3, he reveals that extended monsoons Q2 and Q3 impacted the top-line.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!