National Buildings Construction Corporation Ltd Q2FY17
Standalone Results Q2FY17: (Rs. in crore)
|EBITDA Margin (%)||5.8|||
|Net Profit (adjusted)||67||0|
NBCC (India) Ltd.’s standalone Q2FY17 result came in mixed against Bloomberg estimates. Revenue came in 4.4% lower than the estimate of Rs 1306 cr. However, net profit was 2.3% higher than the estimated figure of Rs 66 cr.
Revenue for the quarter increased 17.2% yoy to Rs 1249 cr. This was led by 24% growth in PMC segment revenue which offset de-growth real estate and EPC.
EBITDA increased by 11.1% yoy to Rs 72.1 cr while EBITDA margins fell by 32 bps yoy at 5.7%.
Reported net profit was largely remain flat compared to Q2FY16 at Rs 67.2 cr.
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