NBCC Shares Surge on Strong Q4 Results

NBCC (India) shares jumped over 5% on May 29 after posting strong Q4 results, showcasing impressive growth in profit and revenue.

The state-owned construction firm's net profit increased by 24.6% YoY to Rs 141.5 crore, with revenue rising 43% YoY to Rs 4,025 crore.

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NBCC's EBITDA climbed to Rs 240.2 crore in Q4 FY24, up from Rs 104.5 crore in Q4 FY23. EBITDA margin improved to 6%.

NBCC shares have surged by around 235%, in the last year, more than tripling investors' money. The board recommended a final dividend of Rs 0.63 per share.

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