Construction & Engineerring company NCC announced Q4FY24 & FY24 results:
- NCC Limited reported a consolidated turnover of Rs 6,530.05 crore for Q4FY24, which marks an increase of 31% from the previous year.
- The standalone turnover amounted to Rs 5,487.69 crore for the same period, representing a 36% increase YoY.
- For the quarter ending March 31, 2024, the company's consolidated net profit attributable to shareholders was Rs 239.16 crore, showing a growth of 25%.
- On a standalone basis, the net profit for the quarter was Rs 187.36 crore, slightly up from the corresponding quarter of the previous year.
- The consolidated Basic & Diluted EPS for the fourth quarter stood at Rs 3.81, while the standalone Basic & Diluted EPS was reported at Rs 2.99.
- For the financial year 2023-24, the consolidated Basic & Diluted EPS is Rs 11.32, and the standalone Basic & Diluted EPS is Rs 10.06.
- The Board of Directors recommends a dividend of 110% (Rs 2.20 per share on a face value of Rs 2/- each), subject to shareholder approval at the Annual General Meeting.
- During the year, NCC Limited secured new orders worth Rs 27,283 crore and reports an order book at Rs 57,536 crore.