Noida, May 25 (APAC Media): State-owned NBCC on Monday reported a 38.8% year-on-year rise in consolidated net profit to Rs 25,351.48 crore for the March-ended FY2025–26, compared with Rs 18,266.73 crore in the corresponding period last year.
The company reported total income of Rs 4,61,859.64 crore for the March-ended quarter of FY2025–26, down 1.75% from Rs 4,70,086.06 crore in the corresponding quarter of the previous year.
The Board of Directors has recommended a final dividend of Rs 0.46 per paid-up equity share of Rs 1 each (46%), subject to deduction of tax deducted at source (TDS), for FY2025–26, the company said. The dividend, if approved by shareholders at the ensuing Annual General Meeting, will be paid within 30 days from the date of declaration.
The group’s real estate land bank includes approximately Rs 2,099.37 lakh as of March 31, 2026, compared with Rs 2,552.39 lakh as of March 31, 2025, towards leasehold land for a group housing plot measuring 30,436 sq. m. at Naya Raipur, Chhattisgarh.
The lease deed for the project is yet to be executed. As per allotment terms, the lease deed will be executed between the owners’ association or housing society to be formed in the future and the Naya Raipur Development Authority (NRDA). The Group is in the process of developing the land and is obtaining necessary approvals from various authorities.
Separately, the Group had paid Rs 3,021.78 lakh to the Land and Development Office (L&DO), Ministry of Housing and Urban Affairs (MoHUA) in 2011 as an additional premium for availing higher floor area ratio (FAR) for the construction of additional shopping-cum-car parking blocks at “NBCC Plaza” in Pushp Vihar, New Delhi.
The Group has incurred a total construction cost, including ground rent, of Rs 1,718.84 lakh on the project up to March 31, 2026, unchanged from the previous year.
Disclaimer: Views expressed are those of experts and do not reflect APAC Media. This is for informational purposes only, not financial advice. We are not responsible for investment decisions. Please consult a qualified financial advisor before investing.
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