NCC Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 09, 2023 at 05:24 pm IST
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NCC Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 47,196.1 million compared to INR 33,734.3 million a year ago. Revenue was INR 47,464 million compared to INR 34,050 million a year ago. Net income was INR 773.4 million compared to INR 1,310 million a year ago. Basic earnings per share from continuing operations was INR 1.23 compared to INR 2.08 a year ago. Diluted earnings per share from continuing operations was INR 1.23 compared to INR 2.08 a year ago.
For the six months, sales was INR 91,000 million compared to INR 66,947.8 million a year ago. Revenue was INR 91,531.2 million compared to INR 67,559.1 million a year ago. Net income was INR 2,508.8 million compared to INR 2,606.4 million a year ago. Basic earnings per share from continuing operations was INR 4 compared to INR 4.21 a year ago. Diluted earnings per share from continuing operations was INR 4 compared to INR 4.21 a year ago.
NCC Limited is an India-based company, which is engaged in construction/project activities in the infrastructure sector. The Company is engaged in the infrastructure sector, primarily in the construction of industrial and commercial buildings, housing project, roads, bridges and flyovers, water supply and environment projects, mining, power transmission lines, irrigation and hydrothermal power projects. The Companyâs segments are Construction, Real Estate, and Others. The Company's geographic segments include Within India and Outside India. Its portfolio includes housing projects, shopping malls, hospitals, highways, project electrification, river intake works, water treatment plants, pumping stations, electromechanical works, lift irrigation schemes, sewage pumping stations and treatment plants, water pipelines and transportation of coal.