Q3 Results: This company's profit increased 4 times, strong improvement in EBITDA and margin, keep an eye on the stock tomorrow

News Topical, Digital Desk : NCL Industries has announced its results for the third quarter (Q3) of the current financial year. In an exchange filing, NCL Industries, a company in the building materials and cement sectors, reported strong year-on-year (YoY) performance. The company's profit and operating profit saw sharp increases, while revenue growth was limited.

Key Financial Figures (YoY)
Net profit increased from ₹3 crore to ₹13.2 crore. Revenue increased 0.5% to ₹343 crore, compared to ₹341.4 crore last year. EBITDA jumped 88.2% to ₹36 crore, compared to ₹19 crore a year ago. EBITDA margin increased from 5.6% to 10.5%. 

Performance: While NCL Industries' earnings growth remained limited, cost control and improved operational efficiency nearly doubled the company's EBITDA. The more than 500 basis point improvement in margins indicates better control of expense management. The fourfold increase in profits reflects the company's strong quarterly performance and indicates that operational improvements have directly impacted the bottom line. NCL Industries' performance in Q3 was encouraging. Despite a modest increase in earnings, the strong improvement in EBITDA and margins suggests the company's business position is improving. Investors will now keep an eye on demand and margin trends in the coming quarters.

Read More: Q1 Results: Profit jumps 35%, margins improve, earnings rise by ₹394 crore, keep an eye on the stock