NBCC stands out after scoring well in Q1FY17

NBCC (India) has declared its Q1FY17 results on Wednesday after market hours. The company’s revenue has increased by 16.61 per cent to Rs 1273 crore in Q1FY17 as compared to same period in previous financial year. Its EBITDA too has risen by 28.86 per cent to Rs 45.86 crore in Q1FY17 on a yearly basis. NBCC’s EBITDA margin has expanded by 34 basis points to 3.6 per cent in Q1FY17 as compared to same period in previous fiscal. The company’s net profit also has boosted by 16.4 per cent to Rs 47.1 crore in Q1FY17 on a yearly basis.

On the segmental revenue front, NBCC has earned 94.09 per cent from Project Management Consultancy (PMC), 1.38 per cent from Real Estate and 4.53 per cent from engineering, procurement & construction (EPC) during Q1FY17.

The share price of NBCC has increased by 2.71 per cent on bourses in early trades; and are trading at Rs 251.7 on an intraday basis.