NBCC Reports PBT Growth Of 51.42% in 9 Months
NBCC Board of Directors approved the Financial Results of the company for the quarter and nine months ended on December 31, 2021. Company reported Turnover of Rs. 3698.75 cr. for the nine months ended 31.12.2021 as compared to Rs. 2923.30 cr. for corresponding nine months ended 31.12.2020, representing a growth of 26.53%. Company earned Profit Before Tax (PBT) of Rs. 215.92 cr. for the nine months ended 31.12.2021 as compared to Rs. 142.59 cr. for corresponding nine months ended 31.12.2020, showcasing a growth of 51.42%. Apart from this, the Company reported Profit After Tax (PAT) of Rs. 162.21 cr. for the nine months ended 31.12.2021 as compared to Rs. 123.94 cr. for corresponding nine months ended 31.12.2020, manifesting a growth of 30.87%. A preferred partner of the Government for infrastructure projects, NBCC’s 95% of business revenue comes under PMC segment and Redevelopment works which has grown by leaps and bounds, touching an order book of nearly ?56,000 crore.