NBCC re­ports 14.33 per cent rise in net profit for FY 2017-18

HT Estates - - FRONT PAGE -

NBCC (In­dia) Ltd an­nounced its au­dited fi­nance re­sults for the quar­ter and fi­nan­cial year ended March 31, 2018. For the fi­nan­cial year ended March 31, 2018, the com­pany has re­ported a con­sol­i­dated net profit of Rs. 372.14 crore as against net profit of Rs 325.49 crore dur­ing the pre­vi­ous fi­nan­cial year, rep­re­sent­ing a healthy growth of 14.33 per cent. the 12 dis­cov­er­ies, six dis­cov­er­ies were made in on­land (Nom­i­na­ton-5, NELP-1) and six in off­shore (Nomi- na­tion-6, NELP- NIL). Out of six on­land dis­cov­er­ies, two dis­cover- ies were mon­e­tised dur­ing the year it­self. to Rs 1,07,534 crore in FY18 as against Rs 83,871 crore in FY 2016-17. Dis­burse­ments have also shown an in­crease of 8 per cent at Rs 61,712 crore in FY 2017-18 as com­pared to Rs 58,039 crore in FY 2016-17. tity sup­plied by SAIL for this project in­cludes TMT Re­bars, plates and struc­turals which have been sup­plied for con­struc­tion of this 135 km long eastern pe­riph­eral high­way. SAIL is also sup­ply­ing steel for up­com­ing West­ern Pe­riph­eral Ex­press­way. ing arms. They opened fire on SSB troop­ers, SSB team re­tali- ated with vig­or­ous fire. Dur­ing search­ing the area, two long bar- rel coun­try made ri­fles with two pithu bag car­ry­ing am­mu­ni­tion were re­cov­ered from the scene.

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