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.
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%.
RECOMMENDED FOR YOU

FPIs Remain Net Sellers, Offload Equities Worth More Than Rs 2,800 Crore


NBCC Signs MoU With Rajasthan Government For Projects Worth Rs 3,700 Crore


NBCC Bags Rs 3,700-Crore Order From Rajasthan Govt To Build Mixed-Use Project


NBCC Q1 Results: Net Profit Rises 26%, Company Declares Dividend
