The National Buildings Construction Corporation Ltd. (NBCC), the State owned Navratna Enterprise under the Ministry of Urban Development, Govt. of India, has registered a 31.3% Growth in its Net Profit at Rs.44.08 Crore for the Quarter ended June 2015, compared to Rs.33.52 Crore in the same quarter last year. The remarkable growth of the Company has been pushed by its encouraging revenue growth increased by 36.7% to Rs.1149.2 Crore from Rs.840.8 Crore year-on-year, aided by growth across segments. The Company’s Project Management Consultancy business grew by 30.4% on yearly basis to Rs.970.6 Crore with EBIT up 24.3 per cent.
NBCC– National Buildings Construction Corporation Ltd. (NBCC), is a ISO 9001:2008 certified, blue-chip Government of India Navratna Enterprise under the Ministry of Urban Development, with consolidated revenue of INR 5000 Crore. Listed with both the Stock Exchanges, the companys unique business model has made it stand out as a leader in its own right in the construction sector with more than INR 20000 Crore Order Book in hand and counting. The company ‘s present areas of operations are categorized into three main segments of Project Management, Real Estate Development, and EPC contracting. More: http://www.nbccindia.com/nbccindia/index.jsp
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