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.
Total income declined to Rs 8,292.99 crore in FY20 from Rs 10,149.6 crore in FY19.
Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
