State-owned construction firm NBCC Ltd today said it has paid Rs 108 crore dividend to the government.
The dividend cheque of Rs 108 crore was presented to Urban Development Minister M Venkaiah Naidu yesterday, the company said in a statement.
"Considering the impressive performance of the company during FY 2015-16, NBCC has paid 100 per cent dividend this time which is an increase of 45 per cent as compared to the last year," it said.
NBCC posted a turnover of Rs 5,759.86 crore and net profit of Rs 311.11 crore in 2015-16.
NBCC, under the administrative control of Ministry of Urban Development, is present in three segments -- Project Management Consultancy (PMC), real estate development and EPC contracting.
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