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    HomeNewsBusinessEarningsNBCC Q1 earnings may be strong, profit seen up 50% to Rs 66 cr

    NBCC Q1 earnings may be strong, profit seen up 50% to Rs 66 cr

    State-run construction company NBCC is likely to report a 50 percent growth in profit at Rs 66 crore and 24.5 percent growth in revenue at Rs 1,431 crore on yearly basis, according to average of estimates of analysts polled by CNBC-TV18.

    September 14, 2016 / 12:16 IST
       
       
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      State-run construction company NBCC is likely to report a 50 percent growth in profit at Rs 66 crore and 24.5 percent growth in revenue at Rs 1,431 crore on yearly basis, according to average of estimates of analysts polled by CNBC-TV18.

      Operating profit may jump 87.5 percent year-on-year to Rs 75 crore and margin may expand 166 basis points to 5.2 percent in the quarter ended June 2016.

      Analysts say orderbook is strong but execution is important to watch out for. Any improvement in margins due to operating leverage will be positive.

      first published: Sep 14, 2016 12:16 pm

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