Categories Earnings, Industrials, Research Summary

NBCC India Limited Q3FY23 Earnings Story

NBCC (India) Limited comes  under the Ministry of Housing and Urban Affairs and is a Navratna Enterprise of the Government of India. The company’s operations spread over three primary segments- Engineering Procurement & Construction, Real Estate, and Project Management Consultancy.

Financial Results:

The company posted a standalone net profit of INR 82 crores in the period ended December 31, 2020. This represents a marvelous growth of 134 percent during the corresponding quarter of the previous fiscal where it reported a standalone net profit of INR 35 crore.

In the period ended 31 December, 2021, the company reported a standalone income of INR 1554 crore representing a growth of 19 percent. This is in comparison to INR 1305 crore in the year-ago period.

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