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NBCC reported PBT increase in the first nine months of FY22

NBCC reported PBT increase

NBCC reported PBT increase of 51.42 percent

NBCC reported PBT increase – The company’s Financial Results for the quarter and nine months ending on December 31, 2021, were approved by the Board of Directors at its meeting on Monday, February 14, 2022. The company reported a turnover of Rs. 3698.75 crore for the nine months ended December 31, 2021, compared to Rs. 2923.30 crore for the nine months ended December 31, 2020, reflecting a 26.53 percent increase. 
 
The company generated Rs. 215.92 crore in Profit Before Tax (PBT) for the nine months ended 31.12.2021 as compared to Rs. 142.59 crore for the nine months ended 31.12.2020, a rise of 51.42 percent. Apart from that, the company declared a profit after tax (PAT) of Rs. 162.21 crore for the nine months ended December 31, 2021, compared to Rs. 123.94 crore for the same period last year. 
 
The PMC segment and Redevelopment works, which have risen by leaps and bounds, now account for approximately Rs 56,000 crore in the order book, and NBCC is a favored partner of the government for infrastructure projects. 

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