NBCC Q4 Results: Cons PAT jumps 49% YoY to Rs 414 crore

The profit after tax (PAT) of NBCC stood at Rs 414.38 crore on a consolidated basis and Rs 344.36 crore on a standalone basis, representing growth of 49.05% and 48.99%, respectively, on a YoY basis.

The company has reported an operating income of Rs 10,432.64 crore during FY 24, a growth of 17.53%.

The new business secured touched Rs 23,500 crore on the consolidated level and Rs 18,400 crore on the standalone level, registering a growth of more than 250% and 355%, respectively, in comparison to preceding financial year.

"We are confident that NBCC’s growth shall continue manifold in the future also,” said KP Mahadevaswamy, Chairman and Managing Director of NBCC (India) Limited.

NBCC with its robust order book and a strategic focus on redevelopment, PSU land redevelopment, real estate development, agriculture works, overseas expansion and PMC works is well positioned to be a proactive CPSE in India’s future development.