NBCC Profit jumps by 72.08% for Half year ended Sep 30

NBCC Profit – The Board of Directors accepted the company’s financial results for the quarter and half year ending 30.09.2023, at its meeting on Thursday, November 9, 2023. For the half year ended 30.09.2023, the company reported PBT of Rs. 187.75 Cr. on a standalone basis and Rs. 208.56 Cr. on a consolidated basis, with YoY increase of 65.81% and 65.76%, respectively.

For the half year ended 30.09.2023, HY Company earned Profit After Tax (PAT) of Rs.148.40 Cr. on a standalone basis and Rs.159.31 Cr. on a consolidated basis, representing a YOY increase of 72.08% and 71.52%, respectively.

NBCC is a preferred partner of the government for infrastructure projects, with PMC and Redevelopment work accounting for 93.22% of total revenue.

NBCC Profit

Standalone

1. PBT increases by 65.81% year on year.
2. PAT increases by 72.08% year on year.

Consolidated

1. PBT increases by 65.76% year on year.
2. PAT increases by 71.52% year on year.