NBCC (India) Ltd reported a 25.1% year-on-year (YoY) rise in net profit to ₹138.5 crore for the quarter ended December 2024, compared to ₹110.7 crore in the same period last year.
The state-owned Navratna infrastructure major also saw a healthy 16.6% YoY increase in revenue from operations, which stood at ₹2,827 crore, up from ₹2,423.5 crore in Q3FY24.
At the operating level, the company’s EBITDA rose 22% YoY to ₹142 crore, compared to ₹116.8 crore in the previous year. EBITDA margins improved slightly to 5% from 4.8% YoY, reflecting operational efficiency gains.
Despite the strong earnings, shares of NBCC (India) Ltd declined 5.47% to ₹85.33 on the BSE on Tuesday, ahead of the results announcement.
NBCC, formerly known as National Buildings Construction Corporation Limited, is a government-owned entity engaged in infrastructure development and project management consultancy.
The company undertakes civil construction, real estate development, and large-scale infrastructure projects in India and abroad.
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