NCC stock surged 8% after reporting a 25.2% YoY rise in Q4 net profit to ₹239.2 crore.

NCC stock surged 8% after reporting a 25.2% YoY rise in Q4 net profit to ₹239.2 crore, against ₹191 crore in Q4FY23. Revenue increased 31% YoY to ₹6,485 crore in Q4FY24 versus ₹4,949 crore in Q4FY23. The company's EBITDA rose 18.5% to ₹550.4 crore in Q4FY24, as against ₹464.6 crore in Q4FY23. NCC's stock has gained 140% in one year and risen 62% since the beginning of this year, with a market cap of ₹16,989 crore.

May 16, 2024
3 Articles