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

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.

(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.)

Also Read

GAIL reports net profit of Rs 5,706 crore for nine months of FY'26

Leadership Transition at HSL: Cmde Girideep Singh, superannuates; Capt. Ganti Venkateswarlu assumes additional charge as C&MD

NALCO posts record Rs 1,601 crore net profit in Q3 FY26; nine-month profit touches all-time high of Rs 4,098 crore

If firm profits more from its scale, it has to bear more responsibility for environmental costs: SC

BoB Q3 net profit inches up 4.39%, lowers FY26 credit costs as asset quality holding up