NBCC net down 39 per cent in Q1

Our Bureau New Delhi | Updated on August 08, 2019 Published on August 08, 2019

State-owned company NBCC on Thursday reported a 39 per cent decline in consolidated net profit for the quarter ended June 30 at ₹51 crore, against ₹83 crore in the previous-year period.

Its total income declined to ₹1,942 crore (₹2,308 crore). The NBCC board has recommended a final dividend of ₹0.65 per equity share on a face value of ₹1 per equity share for FY19.

Published on August 08, 2019
  1. Comments will be moderated by The Hindu Business Line editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.