NBCC (India) Limited approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, during a board meeting held on May 25, 2026. The meeting commenced at 11:00 a.m. and concluded at 01:10 p.m.
NBCC recommended a final dividend of Rs 0.46 per paid-up equity share of Rs 1 each for the financial year 2025-26. This dividend is subject to shareholder approval at the upcoming annual general meeting and will be paid within 30 days of declaration.
The board noted a carrying value of Rs 20.99 crore for a Group Housing plot in Naya Raipur as of March 31, 2026. Land bank inventory at Faridabad involving Rs 131.78 crore remains without an executed conveyance deed.
NBCC reported a demand of Rs 32.24 crore from the Municipal Corporation of Delhi regarding additional ground coverage for the NBCC Plaza project. The company also recognized cumulative provisions and write-offs of Rs 468.83 crore for the NBCC Green View project in Gurugram.
A reversal of an exceptional loss amounting to Rs 80.16 crore was recorded during the year ended March 31, 2026, following a Supreme Court order regarding a project in Kochi. The company is also managing a DVAT demand of Rs 404.80 crore which was remanded for recalculation.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.