NBCC reports growth in turnover, PBT and PAT for Q1 FY 2023-24

Highlights of Q1 FY 2023-24

Standalone Turnover jumps 8.50% year-on-year basis and Consolidated Turnover jumps 7.11% year on year basis.

The Board of Directors in the meeting held on Thursday i.e. August 10, 2023 approved the Financial Results of the company for the Quarter ended on 30.06.2023.

The Company reported a Standalone Turnover of Rs. 1474.71 Cr. for Q1 FY 2023-24 Compared to Rs. 1359.22 Cr. for Q1 FY 2022-23.

Consolidated Turnover for Q1 FY 2023-24 is Rs. 1913.79 Cr. compared to Rs. 1786.72 Cr. for Q1 FY 2022-23. 

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Profit Before Tax (PBT) on a Standalone basis increased from Rs. (16.89) Cr. to Rs. 84.67 Cr. and on a Consolidated basis increased from Rs. (5.55) Cr to Rs. 103.78 Cr YoY basis for the quarter ended 30.06.2023. 

Profit After Tax (PAT) on Standalone basis has shown growth from Rs. (13.20) Cr.  to Rs. 63.13 Cr. and on a Consolidated basis from Rs. (4.85) Cr. to Rs. 77.41 Cr. YoY basis for the Q1 FY 2023-24

 

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A preferred partner of the Government for infrastructure projects, NBCC’s 94.6% of business revenue comes under the PMC segment and Redevelopment works.

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