Business Standard

NBCC spurts after bagging new orders in Sept

Image

Capital Market

NBCC (India) gained 2.37% to Rs 49.60 after the EPC company secured total business of Rs 2,100.96 crore in the month of September 2021.

The announcement was made after market hours on Thursday, 14 October 2021.

NBCC (India) provides civil engineering construction services. Its consolidated net profit surged to Rs 35.80 crore in the quarter ended June 2021 as against Rs 5.93 crore during the previous quarter ended June 2020. Net sales increased 103.80% to Rs 1379.64 crore in Q1 FY22 from Rs 676.95 crore in Q1 FY21.

As of 30 June 2021, the Government of India held 61.75% stake in NBCC (India).

 

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 18 2021 | 10:36 AM IST

Explore News