Shares of Northern ARC declined by 5% following the release of its fourth-quarter results. As of 9:46 AM, the shares were trading 5.06% lower at Rs 206.37.
The company reported a 7.7% year-on-year increase in consolidated revenue, reaching ₹603 crore compared to ₹560 crore in the same period last year. Despite the growth in revenue, profitability metrics showed a notable decline.
EBITDA for the quarter stood at ₹236 crore, down 25.5% from ₹317 crore in the previous year. This led to a reduction in the EBITDA margin, which dropped to 39.2% from 56.7%. The company’s net profit also declined significantly, falling 57.4% to ₹37.8 crore from ₹88.8 crore in the corresponding quarter of the previous year.
Northern ARC opened at ₹206.18 today, hitting a high of ₹209.05 and dipping to a low of ₹202.00. The stock remains significantly below its 52-week high of ₹350.00, yet well above its 52-week low of ₹141.47.
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