NBCC (India) Limited has reported a solid financial performance for the quarter ended December 31, 2024, with a notable surge in revenue and profit growth. The company’s revenue from operations stood at ₹2,826.96 crore, marking a significant 16.6% increase compared to ₹2,423.52 crore in the same quarter last year. The rise in revenue was primarily attributed to higher project execution and consultancy services during the quarter.
Net profit for the quarter showed an impressive 25.5% year-on-year growth, reaching ₹142.42 crore as compared to ₹113.57 crore in the same period a year ago. The growth in profit was driven by robust operational performance and controlled expenses.
The company’s total expenses increased to ₹2,680.66 crore, up from ₹2,307.53 crore in the previous year’s corresponding quarter, largely due to higher work and consultancy costs. Despite the rise in expenses, NBCC maintained its profitability through efficient cost management and project execution.
The earnings before tax (EBT) also saw significant growth, increasing to ₹196.23 crore from ₹152.35 crore, reflecting the company’s ability to sustain growth in operational profit.
NBCC’s strong quarterly performance highlights its resilience amid challenging macroeconomic conditions and its strategic focus on large-scale infrastructure projects and real estate ventures. With a healthy project pipeline and support from government initiatives, NBCC remains well-positioned for continued growth.
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