The Board of Directors of NBCC (India) Limited, in its meeting on November 13, 2024, approved the financial results for the quarter and half-year ended September 30, 2024. The company recorded substantial growth in profitability on both standalone and consolidated bases.
Half-Year Financial Highlights
Profit Before Tax (PBT)
Standalone: ₹272.27 crore, a 45.02% YoY increase.
Consolidated: ₹309.74 crore, a 48.51% YoY increase.
Profit After Tax (PAT)
Standalone: ₹210.32 crore, a 41.73% YoY increase.
Consolidated: ₹232.33 crore, a 45.84% YoY increase.
Q2 FY2024-25 Highlights
Standalone Basis
PBT grew by 51.34% YoY.
PAT increased by 45.07% YoY.
Consolidated Basis:
PBT surged by 58.32% YoY.
PAT rose by 52.78% YoY.
NBCC remains a preferred infrastructure partner for the government, deriving 90% of its revenue from Project Management Consultancy (PMC) and redevelopment activities, 7.5% from Engineering, Procurement, and Construction (EPC) contracts, and 2.5% from real estate operations on a standalone basis.
This financial performance reflects NBCC’s ongoing role in managing key infrastructure and redevelopment projects efficiently.