EBITDA margin for the quarter though, expanded by 20 basis points to 8.7% from 8.5% in the year-ago quarter.
NCC reported a net profit of ₹155 crore, which is 5% lower than the last year’s net profit figure of ₹163 crore.The company announced earlier this week that it has won four orders totaling to ₹710 crore during the month of October, in addition to the major ₹6,828 crore order that it had announced earlier. Out of those four orders, ₹590.9 crore pertained to the buildings division, while ₹119.1 crore were bagged by the Transportation Division.
At the end of the September quarter, NCC’s order book stood at ₹71,957 crore.
Based on the latest shareholding patter, Rekha Jhunjhunwala has a 10.63% stake in NCC, while as much as 5.45 lakh retail shareholders, or those with authorized share capital of up to ₹2 lakh, had a 25.94% stake in the company.
Shares of NCC slumped to the day’s low, currently trading 5.6% lower at ₹194.1. The stock is down 30% so far on a year-to-date basis.
