NCC Q3 net jumps five-fold

The total income for the company grew 40% at Rs 2,670 crore in the quarter under review

Construction company NCC Limited reported over five-fold increase in consolidated net profit at Rs 25.57 crore for the quarter ended December, 2014 on the back of higher revenue growth as against Rs 4.76 crore in the same period last year.

Total income for the company grew 40 per cent to Rs 2,669.65 crore in the quarter under review as compared with Rs 1,903.18 crore in the year ago period. In the current year, NCC has secured orders worth around Rs 6,465 crore in the first nine-months and the total order book stood at Rs 20,755 crore as of December, 2014, it said.