Latest News | NBCC Q4 Net Profit Down 41 Pc at Rs 83.77 Cr
Get latest articles and stories on Latest News at LatestLY. State-owned NBCC Ltd on Monday reported a 41 per cent decline in net profit at Rs 83.77 crore for the quarter ended March.
New Delhi, Jul 6 (PTI) State-owned NBCC Ltd on Monday reported a 41 per cent decline in net profit at Rs 83.77 crore for the quarter ended March.
Its net profit stood at Rs 142.45 crore in the year-ago period, the company said in a regulatory filing.
Total income also fell to Rs 2,651.43 crore in the fourth quarter of 2019-20 from Rs 3,194.06 crore in the year-ago period.
For financial year 2019-20, net profit dipped to Rs 99.86 crore from Rs 391.63 crore in 2018-19.
Also Read | CBDT, CBIC Boards to be Merged? Finance Ministry Calls News Report 'Factually Incorrect'.
Total income declined to Rs 8,292.99 crore in FY20 from Rs 10,149.6 crore in FY19.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)