NBCC Q1 profit up 16% at Rs 47 cr

State-owned construction major NBCC (India) Ltd today reported 16 per cent increase in consolidated net profit to Rs 47.09 crore for the quarter ended June 30.
Net profit stood at Rs 40.46 crore in the year-ago period, NBCC said in a regulatory filing.
Income from operations rose by 17 per cent to Rs 1,273.26 crore in the first quarter of this fiscal from Rs 1,091.94 crore in the corresponding period of the previous year.
NBCC, under the administrative control of Ministry of Urban Development, is present in three main segments -- Project Management Consultancy (PMC), Real Estate Development and EPC Contracting.