ICICI Securities Ltd | Retail Equity Research NCC's topline de-grew 33.3% YoY to | 1300.1 crore (our estimate: | 2019.8 crore) possibly due to muted execution during the quarter EBITDA margin contracted 70 bps YoY to 9.5% (our estimate: 8.5%) due to lower construction cost (10.3% in Q2FY18 vs 11.4% in Q2FY17) Reported PAT de-grew 60.7% YoY to | 20.1 crore (our expectation: | 55.1 crore). However, it included an exceptional loss of | 59 crore relating to expected loss from sale of assets and company also...