NBCC Q3 Results: Profit Up 25%, Revenue Rises 17%

NBCC also declared a dividend of Rs 0.53 per share for financial year 2024–25.

NBCC (India) Ltd.'s consolidated net profit jumped 25% in Q3 FY25 (Photo source: NBCC)

NBCC (India) Ltd.'s consolidated net profit jumped 25% in the third quarter of the current financial year to Rs 138.5 crore as compared to Rs 110.7 crore in the year-ago period.

The public sector firm posted a revenue of approximately Rs 2,827 crore in the quarter ended December, a 17% rise from Rs 2,423.5 crore in the same period last fiscal, according to an exchange filing on Tuesday.

NBCC Q3 FY25 Highlights (Consolidated, YoY)

  • Revenue up 17% to Rs 2,827 crore versus Rs 2,423.5 crore.

  • Ebitda up 21% to Rs 142.5 crore versus Rs 117.3 crore.

  • Margin expands 20 basis points to 5% versus 4.8%.

  • Net profit up 25% to Rs 138.5 crore versus Rs 110.7 crore.

Also Read: IRCTC Q3 Results: Profit Rises 14%, Margin Narrows

NBCC also declared a dividend of Rs 0.53 per share of a face value of Re 1 each for financial year 2024–25. The record date for the dividend is set as Feb. 18.

Shares of NBCC closed 5.38% lower at Rs 85.36 apiece on the National Stock Exchange, compared to a 1.32% fall in the benchmark Nifty. The stock has fallen by 3.84% in the last 12 months.

Out of the four analysts tracking the company, two maintain a 'buy' rating on the stock and as many recommend 'sell', according to Bloomberg data. The average of 12-month analysts' price targets implies a potential upside of 55.8%.

Also Read: Q3 Result Updates: Vodafone Idea Loss Contracts Lesser Than Expected; IRCTC And NBCC Profit Rises

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WRITTEN BY
Sreshti Srinivasan
Sreshti Srinivasan covers markets and business news at NDTV Profit. She hol... more
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