Suspense Crime Sach Ka Dam
Q2 FY25 Results: Public sector construction company NBCC India Limited on Wednesday released its financial results for the second quarter of the financial year 2024-25. The financial performance of the company was excellent during the second quarter (July-September) of the current financial year and during this period the net profit of the company registered a huge increase of 53.4 percent. In the second quarter of the current financial year, NBCC recorded a net profit of Rs 122 crore, which was Rs 80 crore in the second quarter of the last financial year.
There was also a great increase in the company’s revenue in the second quarter.
Apart from this, NBCC’s revenue has also seen a tremendous increase. NBCC India Limited told the stock market in an exchange filing on Wednesday, November 13 that the company’s revenue grew by 19.4 percent to Rs 2459 crore in the second quarter of FY 2024-25. Whereas in the second quarter of the previous financial year, it was Rs 2059 crore. Talking about EBITDA, it increased by 4.6 percent to Rs 100 crore in the second quarter, which was Rs 96 crore in the same quarter of the previous financial year.
NBCC shares registered a big decline today
On the third day of the week, i.e. Wednesday, NBCC shares also got affected by the stock market crash. NBCC shares today closed at Rs 89.38 with a huge drop of Rs 4.07 (4.36%). During today’s trading, the company’s shares reached an intraday low of Rs 88.34 to an intraday high of Rs 93.10.
The company’s shares are trading well below their 52-week high
Let us tell you that the company’s shares are trading much below its 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.
