NBCC Q3 consolidated net profit declines 10% to Rs 87.03 cr

16 Feb 2022 CW Team

National Buildings Construction Corporation (NBCC) Limited has reported a 10% drop in its consolidated net profit at Rs 87.03 crore for the December-end quarter.

The company's net profit stood at Rs 96.98 crore during the same period last year.

Its total income declined to Rs 2,056.31 crore during the third quarter (Q3) of FY22 from Rs 2,149.17 crore during the same period last year.

NBCC India Limited is a project management consultancy with a business in the real estate segment.

NBCC (India) Limited, formerly known as National Buildings Construction Corporation Limited, is a blue-chip Indian government corporation, and it is under the ownership of the Ministry of Housing and Urban Affairs, Government of India (GoI).

NBCC (India) Limited is a Government of India Navratna Enterprise.

Image Source

Also read: Indiabulls Housing Finance's profit fell 8% to Rs 303 cr in Q3 FY22

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..