NCC shares sink 15% as Q3 profit declines 12.5% YoY, margins contract

Shares of NCC Ltd tumbled as much as 14.6% on Friday to Rs 202.85 on the BSE after the infrastructure company reported a 12.5% year-on-year (YoY) decline in net profit at Rs 193.2 crore for the third quarter ended December 2024.

The stock decline followed NCC’s earnings announcement post-market…