NCC Q1 Results: Profit rises 13% as order book crosses ₹81,000 crore

NCC Q1 Results: Profit rises 13% as order book crosses ₹81,000 crore


NCC Ltd. reported a steady set of June-quarter earnings on Thursday, delivering double-digit growth in revenue and profit as execution across its project portfolio remained healthy. The infrastructure company also ended the quarter with a robust order pipeline, underlining sustained demand for its engineering and construction services.

Consolidated net profit rose 12.6% year-on-year to ₹216.4 crore, while revenue increased 12.2% to ₹5,812 crore. Operating performance also improved, with EBITDA climbing 19.5% to ₹545 crore, while the operating margin expanded to 9.38% from 8.81% a year earlier.

Including other income, consolidated turnover stood at ₹5,842.5 crore, compared with ₹5,207.9 crore in the corresponding quarter last year. Earnings per share also improved to ₹3.45, up from ₹3.06 in the year-ago period.

The company continued to build its order pipeline during the quarter, securing fresh orders worth ₹3,882 crore, including changes in project scope. As a result, its consolidated order book stood at ₹81,214 crore as of June 30, providing healthy revenue visibility for the coming years.

Shares of NCC ended little changed ahead of the earnings announcement, reflecting a measured market stance before the results.

The June-quarter performance comes on the back of a healthy flow of project wins in recent weeks. Last week, the company announced that it had secured three orders worth ₹1,052.7 crore, excluding GST, across its Buildings and Water divisions. Of these, ₹590.4 crore came from the Buildings business, while ₹462.3 crore was awarded in the Water segment.

Earlier, NCC had also bagged a ₹2,090.5 crore contract from the Bihar government for the construction of the Barner Reservoir Scheme, strengthening its presence in the country’s water infrastructure segment.Also Read: J Kumar Infra Q1 Results: Revenue inches up, but margin pressure dents profit

NCC Ltd. is one of India’s leading infrastructure and construction companies, executing projects across buildings, roads, metro rail, irrigation, water supply, electrical transmission, mining and urban infrastructure.



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