Hyderabad-based NCC net profit up in Q4

The company achieved a turnover of Rs 2,817 crore for the fourth quarter of FY21 as against Rs 2,334 crore in the corresponding quarter of the previous year.

Hyderabad: Hyderabad-based NCC reported a net profit of Rs 116.83 crore during the fourth quarter ended March 31, 2021, as against Rs 75.82 crore in the corresponding quarter of the previous year, on a consolidated basis.

The company achieved a turnover of Rs 2,817 crore for the fourth quarter of FY21 as against Rs 2,334 crore in the corresponding quarter of the previous year. The EBITDA for the fourth quarter of 2020-21 stood at Rs 305.69 crore as against Rs 287 crore in the corresponding quarter of the previous year.

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The company has achieved a turnover of Rs 7,949 crore for the year ended 31st March 2021 as against turnover of Rs 8,901 crore in the previous year. The company posted an EBITDA of Rs 919.08 crore and net profit attributable to the shareholders of the company amounted to Rs 268.31 crore for the year as against Rs 1,087.25 crore and Rs 336.53 crore respectively in the previous Year.

During the year the company has secured orders aggregating to Rs 18,943 crore (including change in scope) and the cumulative order book stood at Rs 37,911 crore as on March 31, 2021.

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