Business Standard

NBCC posts Rs 77.41 cr profit in Q1, total income rises to Rs 1,965 cr

NBCC is into project management consultancy (PMC) and real estate businesses

q1 results, earnings, companies, india inc, corporate

Illustration: Ajay Mohanty

Press Trust of India New Delhi

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State-owned NBCC Ltd 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 per cent of business revenue comes under PMC segment and redevelopment works.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Aug 12 2023 | 3:06 PM IST

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