NBCC REPORTS PBT GROWTH OF 7.69% IN FY22
Highlights of FY21-22– Consolidated Financials - Turnover jumps 10.40% year on year basis - PBT surges 7.69% year on year basis
New Delhi: The Board of Directors in its meeting held on Monday i.e. May 30, 2022 approved the Financial Results of the company for the Quarter and Financial Year ended on 31.03.2022. Company reported Consolidated Turnover of Rs.7574.89 Cr. for Financial Year ended 31.03.2022 as compared to Rs.6861.28 Cr. for corresponding Financial Year ended 31.03.2021, representing a growth of 10.40%.
Company earned Profit Before Tax (PBT) of Rs. 314.74 Cr. for the Financial Year ended 31.03.2022 as compared to Rs. 292.27 Cr. for corresponding Financial Year ended 31.03.2021, on consolidated basis, showcasing a jump of 7.69%.
A preferred partner of the Government for infrastructure projects, NBCC’s 95% of business revenue comes under PMC segment and Redevelopment works.