NCC Share Price Tumbles After Lower Q3 Net Profit Growth

Shares of NCC Ltd. fell sharply after the company's net profit saw lower growth in the third quarter of fiscal 2025.

The net profit of the company rose 12.4% to Rs 193 crore this year. The company had reported net profit at Rs 221 crore in the previous year.

The revenue saw an uptick of 1.6% at Rs 5,345 crore, compared to Rs 5,260 crore in the same period last year. Ebitda was up 12.8%, standing at Rs 441 crore in the third quarter, against Rs 505 crore in the same period last year. Margin also contracted to 8.2% versus 9.6% last year.

NCC stock fell as much as 14.46% during the day to Rs 203.20 apiece on the NSE. It was trading 11.43% lower at Rs 201.4 apiece, compared to a 0.02% decline in the benchmark Nifty 50 as of 9:53 a.m.

It was down 4.93% in the last 12 months. The total traded volume so far in the day stood at 15 times its 30-day average. The relative strength index was at 35.5.

Nine of the 14 analysts tracking the company have a 'buy' rating on the stock, two recommend a 'hold' and three suggest a 'sell', according to Bloomberg data. The 12-month analysts' consensus target price on the stock is Rs 303.6, implying an upside of 44.3%.