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Indian Administration

NBCC Reports Strong Third Quarter Earnings

NBCC Reports Strong Third Quarter Earnings

New Delhi, Navratna Public Sector enterprise NBCC (India) Ltd., under the Ministry of Housing and Urban Affairs (MoHUA), has reported a strong Oct-Dec. The quarter with standalone net profit growth of 134% from the same period of last year.

For the quarter ended December 31, 2020, the company has reported a standalone net profit of Rs. 82 crore as against a net profit of Rs. 35 crore during the corresponding quarter of the previous fiscal, representing a robust growth of 134%.
The total standalone income for Q3FY21 stood at Rs. 1554 crore as compared to Rs. 1305 crore in Q3FY20, registering an increase of 19%.

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