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NBCC Q2 net profit up 31 pc at Rs 81 cr

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Press Trust of India New Delhi
State-owned NBCC Ltd today reported a 31 per cent increase in consolidated net profit at Rs 81.23 crore for the September quarter of the current fiscal.

Its net profit stood at Rs 61.85 crore in the year-ago period, the company said in a regulatory filing.

Total income fell to Rs 1,363.41 crore in the second quarter of this fiscal from Rs 1,572.63 crore in the corresponding period of the previous year.

NBCC, which is under the administrative control of Ministry of Housing and Urban Affairs, is present in three main segments - Project Management Consultancy (PMC), Real Estate Development and EPC Contracting.
 

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First Published: Nov 14 2017 | 7:02 PM IST

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