NCC shares sink 15% as Q3 profit declines 12.5% YoY, margins contract
- Posted on February 7, 2025
- By Business News Today
- 3 Views
NCC shares sink 15% as Q3 profit declines 12.5% YoY, margins contract
NCC Ltd shares fell 14.6% after reporting a 12.5% YoY drop in Q3 net profit to Rs 193.2 crore. EBITDA declined 16.6%, with margins contracting to 7.9%. Revenue rose slightly to Rs 5,344.5 crore. The stock has dropped 31.8% in six months, though analysts remain largely positive.
