NBCC Q1 PROFIT UP BY 31%
New Delhi. National Buildings Construction Corporation Ltd. (NBCC), the State owned Navratna Enterprise under the Ministry of Urban Development, Govt. of India, has registered a 31.3% Growth in its Net Profit at Rs.44.08 Crore for the Quarter ended June 2015, compared to Rs.33.52 Crore in the same quarter last year. The remarkable growth of the Company has been pushed by its encouraging revenue growth increased by 36.7% to Rs.1149.2 Crore from Rs.840.8 Crore year-on-year, aided by growth across segments. The Company’s Project Management Consultancy business grew by 30.4% on yearly basis to Rs.970.6 Crore with EBIT up 24.3 per cent.
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