NBCC Reports PBT Growth of 7.69% in FY22
The company reported a Consolidated Turnover of Rs.7574.89 Cr. for Financial Year ended 31.03.2022
National Buildings Construction Corporation, a statutory corporation under the ownership of Ministry of Housing and Urban Affairs, Government of India
Highlights of FY21-22– Consolidated Financials
- Turnover jumps 10.40% year on year basis
- PBT surges 7.69% year on year basis
New Delhi: NBCC Board of Directors in its meeting held on Monday i.e. May 30, 2022, approved the Financial Results of the company for the Quarter and Financial Year ended on March 31, 2022.
The company reported a Consolidated Turnover of Rs.7574.89 Cr. for Financial Year ended March 31, 2022 as compared to Rs.6861.28 Cr. for the corresponding Financial Year ended March 31, 2021, representing a growth of 10.40%.
The company earned a Profit Before Tax (PBT) of Rs. 314.74 Cr. for the Financial Year ended March 31, 2022 as compared to Rs. 292.27 Cr. for the corresponding Financial Year ended March 31, 2021, on a consolidated basis, showcasing a jump of 7.69%.
A preferred partner of the Government for infrastructure projects, NBCC’s 95% of business revenue comes under the PMC segment and Redevelopment works.
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