NBCC reports PBT Growth of 51.42% in 9 Months FY22

Highlights for Nine Months of FY21-22– 
Standalone Financials
- Turnover surges 26.53% on nine to nine month basis
- PBT jumps 51.42% on nine to nine month basis
- PAT surges 30.87% on nine to nine month basis

New Delhi: The Board of Directors in its meeting held on Monday i.e. February 14, 2022, approved the Financial Results of the company for the quarter and nine months ended on December 31, 2021. The company reported a Turnover of Rs. 3698.75 cr. for the nine months ended 31.12.2021 as compared to Rs. 2923.30 cr. for the corresponding nine months ended 31.12.2020, representing a growth of 26.53%. 

The 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 the 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 the 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 the PMC segment and Redevelopment works which has grown by leaps and bounds, touching an order book of nearly Rs 56,000 crore.