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.

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

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