NBCC Profit jumps by 72.08% for Half year ended Sep 30
The Board of Directors in its meeting held on Thursday i.e. Nov 09, 2023 approved the Financial Results of the company for the Quarter and Half Year ended on 30.09.2023.
![NBCC Profit jumps by 72.08% for Half year ended Sep 30](https://www.psuconnect.in/sdsdsd/nbcc64.jpg)
Highlights of First Half FY 2023-24
Standalone
1. PBT jumps by 65.81 % year on year basis.
2. PAT jumps by 72.08% year on year basis.
Consolidated
1. PBT jumps by 65.76 % year on year basis.
2. PAT jumps by 71.52% year on year basis.
Read Also : R.K. Chaudhary, CMD, NHPC met Chowna Mein, Hon’ble Dy. CM, Arunachal PradeshThe Board of Directors in its meeting held on Thursday i.e. Nov 09, 2023 approved the Financial Results of the company for the Quarter and Half Year ended on 30.09.2023. Company reported PBT of Rs 187.75. Cr. on standalone basis and Rs. 208.56 Cr. on consolidated basis showing growth of 65.81% and 65.76% respectively on YoY basis for half year ended on 30.09.2023.
Read Also : State Coal Minister inaugurates new solar plant at CCL’s Piparwar AreaCompany earned Profit After Tax (PAT) of Rs.148.40 Cr. on standalone basis and Rs. 159.31Cr. on consolidated basis for the half year ended on 30.09.2023, showcasing a jump of 72.08% and 71.52% respectively on YOY basis.
A preferred partner of the Government for infrastructure projects, NBCC’s 93.22% of business revenue comes from PMC segment and Redevelopment works on consolidated basis.
Read Also : WAPCOS CMD met Safarzoda Manuchehr Bakhodur Hon’ble Deputy Minister of Energy and Water ResourcesNews Must Read
- Petroleum Minister Hardeep S Puri Highlights India’s Bioenergy Progress
- NBCC bags orders worth Rs. 182.50 Crore
- OMCs increases price of 19 kg commercial LPG cylinder by Rs 39
- HUDCO Issues Record Date For Dividend, Shares Rise 118% YTD
- NTPC Bongaigaon to Support TB Eradication Efforts; Partners with District Administration, Kokrajhar
- Solar Energy Corporation of India Ltd (SECI) attains Navratna Status
- Dr D K Sunil Takes Over as CMD (Additional Charge) of HAL
- DVC bags Champions Trophy for Corporate Sustainability at XLRI, Jamshedpur
- Minister Pralhad Joshi Visits IREDA Office, Reviews Company’s Strategic Growth Plan
- HAL Selects SAFHAL Helicopter Engines to Develop and Produce ‘Aravalli’ Engines