NBCC posts Rs 77.41 crore profit in April-June quarter of FY'24 
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NBCC posts Rs 77.41 crore profit in April-June quarter of FY'24

NBCC (India) Limited has posted a consolidated net profit of Rs 77.41 crore in the first quarter of this fiscal year

PSU Watch Bureau

New Delhi: NBCC (India) Limited has posted a consolidated net profit of Rs 77.41 crore in the first quarter of this fiscal year.

The company had posted a net loss of Rs 4.84 crore in the year-ago period.

Total income increased to Rs 1,965.80 crore during April-June quarter of 2023-24 financial year, from Rs 1,853.24 crore in the corresponding period of the previous year, according to a regulatory filing on Thursday.

NBCC is into project management consultancy (PMC) and real estate businesses.

NBCC said in a statement that 94.6 percent of business revenue comes under PMC segment and redevelopment works.

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