Stock Crash: Rekha Jhunjhunwala portfolio share tanks 12% after Q3 results

Infrastructure company NCC Ltd on Thursday (February 6) reported a 12.5% year-on-year (YoY) decline in net profit at ₹193.2 crore for the third quarter that ended December 31, 2024.

In the corresponding quarter of the previous fiscal, NCC Ltd posted a net profit of ₹220.7 crore, the company said in a regulatory filing. The company's revenue from operations increased 1.6% to ₹5,344.5 crore as against ₹5,260 crore in the corresponding period of the preceding fiscal.

At the operating level, EBITDA fell 16.6% to ₹420.9 crore in the third quarter of this fiscal over ₹504.4 crore in the corresponding period in the previous fiscal.

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EBITDA margin stood at 7.9% in the reporting quarter as compared to 9.6% in the corresponding period in the previous fiscal. EBITDA is earnings before interest, tax, depreciation, and amortisation. The company has reported basic and diluted EPS of ₹3.08 for the 3rd quarter as against ₹

3.51 in the corresponding quarter of the previous year.

9 Months

The company has reported a turnover of ₹16,165.55 crore (including other income) for the nine months of the current year as against ₹14,440.86 crore in the corresponding nine months of the previous year.

The company has reported EBIDTA of ₹1,361.76 crore and net profit attributable to shareholders of the company of ₹566.06 crore for the nine months ended December 31 2024 as against ₹1,218.36 crore and ₹471.53 crore reported respectively in the corresponding nine months period of the previous year.

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The company has reported Basic and Diluted EPS of ₹9.02 for the nine-month period as against ₹7.51 in the corresponding nine-month period of the previous year. The results came after the close of the market hours. Shares of NCC Ltd ended at ₹237.60, down by ₹2.40 or 1.00% on the BSE.