NBCC Q1 net profit rises 26 pc to Rs 135 cr
PTI
Last Updated:
New Delhi, Aug 9 (PTI) State-owned NBCC (India) Ltd has reported a 26 per cent increase in its consolidated net profit to Rs 135.03 crore for the first quarter of the current fiscal on higher income.
Its net profit stood at Rs 107.19 crore in the year-ago period.
The total income grew to Rs 2,465.48 crore during the April-June period of 2025-26 fiscal from Rs 2,196.20 crore in the corresponding period of the preceding year, according to a recent regulatory filing.
NBCC Ltd is into project management consultancy (PMC) and real estate businesses.
During 2024-25, NBCC Ltd posted a net profit of Rs 557.42 crore and a total income of Rs 12,272.99 crore. PTI MJH BAL BAL
First Published:
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
3 minutes ago
- Indian Express
Our works stalled, govt must release Rs 27-crore grant: Mohali Mayor
Mohali Mayor Amarjit Singh Jeeti Sidhu has complained that they have not received the promised grant of approximately Rs 27 crore from the Punjab government which is hampering the development projects in the city. The mayor also made it clear that the MC is facing a severe fund crunch and has already written to the Local Government Department and the Chief Minister seeking financial assistance. He alleged that several departments, including PSPCL and GMADA, still owe significant amounts to the MC. 'The government must immediately release the grant so that the process of execution can begin,' Sidhu added. Sources in the MC said that the sanctioned works include laying premix on various city roads, building libraries in sectors 77, 78, 79, and 80, constructing community centres in villages Kumbra and Mataur, replacing old grills along central verges of main roads, and developing a new chowk in Mataur, among other projects. 'As per the available funds, the MC is already carrying out essential maintenance works in the city. Until the money for these special projects is received, we will not start them. Our priority is to complete the most urgent works first,' said Sidhu.
Time of India
17 minutes ago
- Time of India
New RoB to come up on Thammanam-Pulleppady Road
Kochi: Authorities are planning to construct a bridge parallel to the rail overbridge (RoB) on Thammanam-Pulleppady Road. This will facilitate four-lane traffic through the bridge. District administration, Kochi corporation and Kerala Road Fund Board (KRFB), which is the implementing agency, have decided to expedite four-laning of Thammanam-Pulleppady Road. Discussions with railway authorities and KRFB officials are being held to take a final decision on design and other details of the project. New bridge will be built on southern side of the RoB, which currently accommodates two-lane traffic. Funds have already been allocated for construction of the RoB. Project to widen Thammanam-Pulleppady Road from Padma Jn on MG Road to Chakkaraparambu on national highway bypass has been pending for around three decades. Goal is to develop a 22-m wide, four-lane road through Padma Jn-Pullepady–Kathrikadavu–Karanakodam–Thammanam–Chakkaraparambu. Over the years, 257.72 cents were donated by locals while revenue department acquired 132 cents for widening the road into a four-lane. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Tips for Finding Affordable Tyre Prices Near You in South Africa for 2025 Tires | Search Ads Search Now Undo An additional 968.75 cents still need to be acquired for the project. Of the Rs 170 crore allocated for the project, Rs 94 crore was set aside for land acquisition. KRFB has prepared a detailed project report for road development, which is being implemented with financial assistance from KIIFB, and current alignment is considered final. Social impact study for the project is ongoing and a surveyor will be appointed to measure and demarcate the land to be acquired once social impact study is approved. In a public hearing held recently for the study, locals raised certain objections regarding land acquisition procedures. It was then decided to conduct hearings at village level. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Raksha Bandhan wishes , messages and quotes !
Time of India
17 minutes ago
- Time of India
Rs 20cr Ernakulam KSRTC terminal work to begin soon: Minister
Kochi: Transport minister K B Ganesh Kumar said construction work of the new KSRTC terminal in the city, utilizing Rs 15 crore state govt fund and Rs 5 crore financial assistance by Kochi Metro , would begin soon. He was speaking after inaugurating regional office building of state water transport department (SWTD) at Ernakulam Boat Jetty on Saturday. The minister said official procedures prior to starting the work on KSRTC terminal building have been completed and Kochi Metro has agreed to provide financial assistance. He also mentioned that transport sector will witness significant changes in the coming days and digitization will be implemented across all areas of KSRTC division. SWTD's new office building was designed to provide seamless services to public and improved facilities for department employees. The total cost was Rs 16 crore. The new building will undoubtedly enhance speed and efficiency of administrative and coordination activities in state water transport sector. Additionally, it will serve as crucial support for city's comprehensive transport development plans, said the minister. The event was presided over by T J Vinod, MLA. Hibi Eden, MP, and mayor M Anilkumar were the chief guests. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area. Get the latest lifestyle updates on Times of India, along with Raksha Bandhan wishes , messages and quotes !
