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NCC turns black in Q2FY19

NCC has reported results for second quarter ended September 30, 2018. The company has reported over 6 fold jump in its net profit at Rs 125.65 crore for the quarter under review as compared to Rs 20.30 crore for the same quarter in the previous year. Total income of the company jumped over 2 fold at Rs 3,137.88 crore for Q2FY19 as compared Rs 1,342.36 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net profit of Rs 122.51 crore for the quarter under review against net loss of Rs 3.01 crore for the same quarter in the previous year. Total income of the company jumped over 2 fold at Rs 3,261.93 crore for Q2FY19 as compared Rs 1,536.73 crore for the corresponding quarter previous year.

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