Categories AlphaGraphs, Earnings

BIGBLOC Construction Ltd Q1FY24; 30% fall in Profits.

Bigbloc Construction Limited was incorporated in 2015. The company is primarily engaged in manufacture, sale and marketing of AAC (Aerated Autoclaved Concrete) Blocks. These AAC Blocks of the company are marketed in the Brand name of NXTBLOC. The company has its headquarters in Surat.

Financial Results:

BIGBLOC Construction Ltd reported Revenues for Q1FY24 of ₹54.87 Crores down from ₹55.54 Crore year on year, a fall of 1.21%.

Total Expenses for Q1FY24 of ₹46.77 Crores up from ₹45.52 Crores year on year, a rise of 2.75%.

Consolidated Net Profit of ₹5.90 Crores down 30.01% from ₹8.43 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.85, down 28.57% from ₹1.19 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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