💨 Abstract

Indian infrastructure firm NCC reported a 100% increase in Q2 profit, driven by higher order inflows, particularly in buildings and transportation sectors. Revenue from operations increased 10.1% to 51.96 billion rupees, while expenses rose 7.6%. The cost of materials consumed decreased 1.2%. Lower prices of key raw materials such as steel and cement contributed to the profit growth.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖