PSUs

NBCC PAT jumps by 72.08% on YoY basis for quarter ending on 30.09.2023

By IndianMandarins- 09 Nov 2023
244

nbcc-pat-jumps-by-72-08-on-yoy-basis-for-quarter-ending-on-30-09-2023

New Delhi (09.11.2023): The Board of Directors in its meeting held on November 09, 2023 approved the Financial Results of the NBCC 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 per cent and 65.76 per cent, 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 159.31 cr on consolidated basis for the half year ended on 30.09.2023, showcasing a jump of 72.08 per cent and 71.52 per cent, respectively on YOY basis.

A preferred partner of the Government for infrastructure projects, NBCC’s 93.22 per cent of business revenue comes from PMC segment and Redevelopment works on consolidated basis.

Highlights of First Half FY 2023-24

Standalone

  • PBT jumps by 65.81 % year on year basis.
  • PAT jumps by 72.08% year on year basis.

Consolidated

  • PBT jumps by 65.76 % year on year basis.
  • PAT jumps by 71.52% year on year basis.

 

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