NBCC Q2 results: Profit soars 68% to Rs 72 cr; revenue up at Rs 1,961 cr

NBCC Q2 results: Profit soars 68% to Rs 72 cr; revenue up at Rs 1,961 cr

AgenciesUpdated: Friday, November 12, 2021, 06:56 PM IST
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NBCC had posted a net profit of Rs 42.80 crore in the year-ago period / Representational Image |

State-owned construction firm NBCC on Friday reported a 68 per cent rise in its consolidated net profit to Rs 72.03 crore for the second quarter ended September 30.

The company had posted a net profit of Rs 42.80 crore in the year-ago period. The total income rose to Rs 1,960.91 crore in the second quarter of this fiscal from Rs 1,426.27 crore in the year-ago period, according to a regulatory filing.

Delhi-based NBCC had posted a net profit of Rs 221.80 crore over a turnover of Rs 7,012.35 crore for the entire 2020-21 financial year. NBCC is engaged in project management consultancy (PMC) and real estate businesses.

(With inputs from PTI)

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