 "NBCC Q2 profit rises 68% to Rs 72 cr; revenue up at Rs 1,961 cr")
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.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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