State-owned NBCC (India) Limited reported a robust 53% growth in consolidated net profit, reaching Rs 125.13 crore for the quarter ending September 2024. The company’s net profit for last year was Rs 81.90 crore.
NBCC’s total income also increased, rising to Rs 2,525.95 crore in Q2 of the current fiscal, up from Rs 2,134.36 crore in the corresponding quarter of the previous year, as per the regulatory filing. The surge in profit and income is attributed to higher revenues across its project management consultancy and real estate segments.
