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Infra stock falls 13% after its net profits decline 10.9% YoY

News by Aliceblue News Desk

07 Feb 2025

Infra stock falls 13% after its net profits decline 10.9% YoY

Introduction:

Leading infra company reported a net profit of ₹205.86 crore for Q3 FY2025, reflecting a 10.9% YoY decline. Revenue grew 3.5% YoY, and total income saw a 2.6% increase, demonstrating strong growth despite profit pressures.

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Also Read: Tata group stock in focus after its net profit increases by 34% in Q3

Share price movement of NCC Ltd:

On February 7, 2025, NCC Limited opened at ₹221.55, down 6.7% from its previous close of ₹237.50. The stock reached a low of ₹202.85 (-14.6%) and a high of ₹221.55. By 10:47 AM, it traded at ₹211.25, a 11.05% decrease, with a market cap of ₹13,263.26 crore.

NCC Limited Reports Q3 FY2025 Results:

NCC Limited reported a net profit of ₹205.86 crore for Q3 FY2025, reflecting a 10.9% decline compared to ₹230.96 crore in Q3 FY2024. The company’s profit also saw a 17.8% increase in QoQ from ₹174.79 crore.

Revenue from operations for Q3 FY2025 stood at ₹5,444.52 crore, up 3.5% YoY from ₹5,260.08 crore in Q3 FY2024. The revenue also increased by 4.8% compared to ₹5,195.98 crore in Q2 FY2025, showcasing solid performance.

Total income for Q3 FY2025 was ₹5,382.86 crore, a 2.6% increase from ₹5,247.74 crore in Q3 FY2024. The QoQ growth was 3.0%, rising from ₹5,224.36 crore in Q2 FY2025, reflecting consistent financial strength.

Recent news on NCC Ltd:

As of January 07, 2025, NCC Ltd won a ₹501 crore award for constructing eight stations as part of the Bengaluru Suburban Rail Project. The project is set to be completed within 24 months, strengthening NCC’s infrastructure portfolio.

Ace investor holding in NCC Ltd:

Rekha Jhunjhunwala

Rekha Jhunjhunwala holds a 10.63% stake in NCC Ltd, owning 66,733,266 shares valued at ₹1,651.3 crore. Her significant holding reflects strong confidence in the company’s growth prospects and infrastructure projects.

Stock performance of NCC Ltd for Period of 1 week, 6 months and 1 year:

NCC Ltd has declined by 5.85% over the past week and 26.7% over the last six months. However, it has delivered a positive 8.37% return over the past year, indicating a recovery trend over the longer term.

Also Read: Stock jumps 7% after it receives order worth ₹230 Cr for solar power plants

Shareholding pattern of NCC Ltd:

All values in %Dec 2024Sep 2024Jun 2024
Promoter22.00%22.00%22.00%
FII18.10%20.90%23.70%
DII14%12%11.40%
Public45.70%44.80%43%
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About NCC Ltd:

NCC Ltd (NSE: NCC) is a leading construction and infrastructure company, specializing in turnkey EPC contracts and BOT projects. It operates in sectors like roads, buildings, irrigation, railways, and energy, with a growing presence in smart meters and real estate.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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