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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.

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