NEW DELHI: Infrastructure firm NCC Ltd today said Blackstone GPV Capital Partners (Mauritius) has offloaded 3.25 percent stake in the company through open market sales.
Blackstone GPV Capital Partners (Mauritius) V-A Ltd and Blackstone FP Capital Partners (Mauritius) V FII Ltd sold 1,80,60,002 shares of the company constituting 3.25 per cent stake through open market sales, it said in a regulatory filing.
The sales took place between April 10, 2015, and August 24, 2016, it added.
Post the sales, Blackstone’s stake has declined from 10.24 per cent to 6.99 per cent.
For the April-June quarter of 2016-17, the firm reported a 9 per cent growth in turnover at Rs 1,929.7 crore against Rs 1,775.2 crore in the corresponding quarter of previous year.
Net profit rose by 26 per cent to Rs 52.3 crore against Rs 41.4 crore during the same period.
