LCC Q1 FY277: Net profit falls 15% YoY despite margin expansion; Stock dips 6%
India, Oct. 6 -- This Newly Listed Stock, engaged in infrastructure development, water supply, irrigation, and related construction projects, serving government departments and private customers across multiple states, fell 6.20 percent after the company reported weak June quarterly results with a 31.07 percent QoQ decrease in revenue.
With a market capitalization of Rs. 4,146.64 crores, the share of LCC Projects Limitedhas reached an intraday high of Rs. 139.30 per equity share, down nearly 6.20 percent from its previous day's close price of Rs. 148.50. Since then, the stock has retreated and is currently trading at Rs. 143.15 per equity share.
Q1 FY27 Result Walkthrough:
Looking at the quarterly results of LCC Projects Limited, the ...
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