NCC Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023
February 08, 2024 at 04:34 am EST
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NCC Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 52,600.8 million compared to INR 39,096 million a year ago. Revenue was INR 52,877.4 million compared to INR 39,637.3 million a year ago. Net income was INR 2,206.5 million compared to INR 1,577 million a year ago. Basic earnings per share from continuing operations was INR 3.51 compared to INR 2.54 a year ago. Diluted earnings per share from continuing operations was INR 3.51 compared to INR 2.53 a year ago.
For the nine months, sales was INR 143,600.8 million compared to INR 106,043.8 million a year ago. Revenue was INR 144,408.6 million compared to INR 107,196.4 million a year ago. Net income was INR 4,715.3 million compared to INR 4,183.4 million a year ago. Basic earnings per share from continuing operations was INR 7.51 compared to INR 6.73 a year ago. Diluted earnings per share from continuing operations was INR 7.51 compared to INR 6.72 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.
NCC LIMITED 
