Q2 FY25 Results: Public sector construction company NBCC India Limited on Wednesday released the financial results for the second quarter of the financial year 2024-25. The financial performance of the company during the second quarter (July-September) of the current financial year was quite excellent and during this period a huge increase of 53.4 percent was recorded in the net profit of the company. NBCC reported a net profit of Rs 122 crore in the second quarter of the current financial year, which was Rs 80 crore in the second quarter of the last financial year.
Great increase in company's revenue in the second quarter
Apart from this, there has also been a significant increase in the revenue of NBCC. NBCC India Limited told the stock market in an exchange filing on Wednesday, November 13 that the company's revenue increased by 19.4 percent to Rs 2459 crore in the second quarter of financial year 2024-25. Whereas in the second quarter of the last financial year it was Rs 2059 crore. Talking about EBITDA, it increased by 4.6 percent in the second quarter to Rs 100 crore, which was Rs 96 crore in the same quarter of the last financial year.
Big fall recorded in NBCC shares today
Shares of NBCC also got hit by the devastation in the stock market on Wednesday, the third day of the week. Shares of NBCC today closed at Rs 89.38 with a huge fall of Rs 4.07 (4.36%). During trading today, the company's shares ranged from an intraday low of Rs 88.34 to an intraday high of Rs 93.10.
The company's shares are trading far below their 52 week high.
Let us tell you that the shares of the company are trading much below their 52 week high. The 52 week high of NBCC shares is Rs 139.90. According to BSE data, the current market cap of this government construction company is Rs 24,132.60 crore.
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