Latest News

NBCC’s turnover rises by 21% on YoY in 3 quarters

The Board of Directors of NBCC have announced financial results for the 3rd Quarter (Q3) and the nine months ended on December 31, 2022

PSU Watch Bureau

New Delhi: The Board of Directors in its meeting held on Tuesday i.e. February 14, 2023 approved the financial results of the company for the 3rd quarter (Q3) and nine months ended on December 31, 2022. The company reported turnover of Rs 4,475.96 crore standalone basis for nine months ended on December 31, 2022, representing a growth of 21.01 percent YoY basis.

According to the company, during the nine months, NBCC reported over 21 increse on year basis. The PBT (Before exceptional items) increased by 60.95 percent while PBT (After exceptional items) decreased by 15.41 percent.

The company also earned profit before tax (Before exceptional items) of Rs 347.51 crore standalone basis for the nine months ended on December 31, 2022 showcasing a jump of 60.95 percent on YoY basis.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

India all set for BRICS summit but why is it so significant in 2026?

Odisha draws Rs 8,417-crore investment proposals at UAE investors meet

Bank strike disrupts PSB branches as unions press for five-day week

Rupee depreciates further 27 paise, close to 96 against USD

Sensex slides over 600 points as crude surge rattles markets