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