NCC Q4 turnover up 42% at Rs. 4,981 crore
NCC Limited has reported 42 per cent rise in consolidated turnover at Rs 4,981.36 crore (including other income) during January-March quarter (Q4) of FY 2022-23 as against Rs 3,491.76 crore in the corresponding quarter of the previous year.
Hyderabad: NCC Limited has reported 42 per cent rise in consolidated turnover at Rs 4,981.36 crore (including other income) during January-March quarter (Q4) of FY 2022-23 as against Rs 3,491.76 crore in the corresponding quarter of the previous year.
The company’s net profit attributable to shareholders decreased 21 per cent to 190.86 crore in Q4 FY23 when compared to Rs 242.13 crore in the same quarter previous year. It has reported 40 per cent increase in turnover at Rs 15,701 crore (including other income) for the full financial year as compared to Rs 11,208.68 crore in the last fiscal. Its net profit attributable to shareholders increased 26 per cent at Rs 609.20 crore for FY23 over Rs 482.41 crore in a year-ago period.
The board of directors recommended equity dividend of 110 per cent (Rs 2.20 per share of Rs 2 each) on the paid-up capital of Rs 125.57 crore subject to the approval of the shareholders at their annual general meeting, AAV Ranga Raju, Managing Director of NCC Limited, said in a statement. During the year, the company has secured orders of Rs 25,895 crore (including change in scope) and the order book of the company stood at Rs 50,244 crore.
