NBCC Profit After Tax Jumps By 72.08% YoY
The Board of Directors in its meeting held on Thursday i.e. Nov 09, 2023 approved the Financial Results of the company for the Quarter and Half Year ended on 30.09.2023. Company reported PBT of Rs 187.75. Cr. on standalone basis and Rs. 208.56 Cr. on consolidated basis showing growth of 65.81% and 65.76% respectively on YoY basis for half year ended on 30.09.2023. Company earned Profit After Tax (PAT) of Rs.148.40 Cr. on standalone basis and Rs. 159.31Cr. on consolidated basis for the half year ended on 30.09.2023, showcasing a jump of 72.08% and 71.52% respectively on YOY basis. A preferred partner of the Government for infrastructure projects, NBCC’s 93.22% of business revenue comes from PMC segment and Redevelopment works on consolidated basis.
Tags : Government infrastructure projects PMC segment Redevelopment works