NBCC Q1 net profit rises 38% to Rs 107 crore

NBCC on Tuesday reported a 38 percent increase in its consolidated net profit to Rs 107.19 crore for the first quarter of this fiscal
NBCC Q1 net profit rises 38% to Rs 107 crore
NBCC Q1 net profit rises 38% to Rs 107 crore
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New Delhi: State-owned NBCC (India) Limited on Tuesday reported a 38 percent increase in its consolidated net profit to Rs 107.19 crore for the first quarter of this fiscal.

Its net profit stood at Rs 77.41 crore in the year-ago period.

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The company's total income rose to Rs 2,197.83 crore in the April-June quarter of this fiscal from Rs 1,974.03 crore in the corresponding period of the previous year, according to a regulatory filing.

NBCC is into project management consultancy and real estate business.

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