NBCC Q2FY18 consolidated net profit rises 31% yoy

<p style="text-align: justify;">The consolidated net profit of state-owned construction company National Buildings Construction Corp (NBCC) for July to September period reported a 31% year-on-year rise to Rs 81.23 crore. The company had reported a net profit of Rs 61.85 crore in the same period last

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Published - Nov 15, 2017 5:56 AM

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The consolidated net profit of state-owned construction company National Buildings Construction Corp (NBCC) for July to September period reported a 31% year-on-year rise to Rs 81.23 crore. The company had reported a net profit of Rs 61.85 crore in the same period last year.

Net income of the company declined by 13.3% to Rs. 1363.41 crore in the September quarter as compared with Rs. 1572.63 crore in the year-ago period.

In quarterly terms as well, the net profit of NBCC increased to Rs 66.51 crore in the July to September period this year, compared with Rs 61.85 crore in the same period last year.

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