New Delhi, May 28, 2024: NBCC (India) Limited, a leading Navratna CPSE, has announced its financial results for the quarter and year ended March 31, 2024, showcasing a remarkable performance that surpasses previous records.
Key Highlights:
– Operational Income: Rs 10,432.64 Cr, up 17.53% from last year
– Profit Before Tax (PBT): Rs 558.54 Cr, a significant 50.19% increase
– Profit After Tax (PAT): Rs 414.38 Cr, up 49.05% from last year
– Earnings Per Share (EPS): Rs 2.23, a substantial 50.68% growth
New Business Secured:
– Consolidated: Rs 23,500 Cr, a massive 250%+ growth
– Standalone: Rs 18,400 Cr, an impressive 355%+ growth
Management’s View:
Shri K.P. Mahadevaswamy, Chairman and Managing Director, expressed pride in NBCC’s achievement, stating, “Our highest-ever turnover is a testament to our commitment to excellence, customer satisfaction, and sustainable growth. We are confident of continued manifold growth in the future.”
_Financial Outlook:_
NBCC’s diversified portfolio, strategic partnerships, and robust order book position it for continued success. With a focus on redevelopment, PSU land redevelopment, real estate development, agriculture works, overseas expansion, and PMC works, NBCC is poised to play a significant role in India’s future development.
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