NBCC INDIA LIMITED

nbcc-pays-a-dividend-of-rs-77.14-crore-to-the-government

NBCC pays a dividend of Rs 77.14 crore to the government

NBCC (India) Ltd, a CPSE Navratna under MoHUA, has paid its final dividend of Rs 77.14 cr to the government for FY 2018-19 on October 29, 2019. Dividend cheque of Rs 77.14 cr has been handed over to Hardeep Singh Puri, Minister of State for MoHUA by Pawan Kumar Gupta, Chairman & Managing Director of NBCC.

Top officials who attended the occasion included Durga Shanker Mishra (IAS), Secretary, MoHUA; Shiv Das Meena (IAS), Additional Secretary, MoHUA; Functional Directors of NBCC namely: S Rajendra Chaudhari, Director (Commercial); N K Shah, Director (Projects); B K Sokhey, Director (Finance) of NBCC & HSCL.

01 Nov 2019
nbcc:-p-k-gupta-takes-over-as-cmd

NBCC: P K Gupta takes over as CMD

P K Gupta, on 07 October 2019, took over as the new Chairman and Managing Director of NBCC (India) Ltd. Prior to this he worked as Executive Director (Regional Projects) in RITES Limited, a CPSE under the Ministry of Railways. 

Gupta holds a Bachelor’s degree in Civil Engineering from NIT, Kurukshetra and an M.Tech from IIT Delhi. He joined Indian Railway Service of Engineers in 1986 and has 33 years long experience in Civil Engineering.

During his tenure as Executive Director in RITES, he successfully supervised planning, designing and execution of more than 125 projects. He accomplished various projects in areas of Metros and Rail Infrastructure which include Metro in Mauritius, Metro Rail Projects in India, Roads under/over Bridges and various buildings etc. 

10 Oct 2019
nbcc-pays-a-dividend-of-rs-77.14-crore-to-the-government

NBCC pays a dividend of Rs 77.14 crore to the government

By IndianMandarins 01 Nov 2019

NBCC (India) Ltd, a CPSE Navratna under MoHUA, has paid its final dividend of Rs 77.14 cr to the government for FY 2018-19 on October 29, 2019. Dividend cheque of Rs 77.14 cr has been handed over to Hardeep Singh Puri, Minister of State for MoHUA by Pawan Kumar Gupta, Chairman & Managing Director of NBCC.

Top officials who attended the occasion included Durga Shanker Mishra (IAS), Secretary, MoHUA; Shiv Das Meena (IAS), Additional Secretary, MoHUA; Functional Directors of NBCC namely: S Rajendra Chaudhari, Director (Commercial); N K Shah, Director (Projects); B K Sokhey, Director (Finance) of NBCC & HSCL.

nbcc:-p-k-gupta-takes-over-as-cmd

NBCC: P K Gupta takes over as CMD

By IndianMandarins 10 Oct 2019

P K Gupta, on 07 October 2019, took over as the new Chairman and Managing Director of NBCC (India) Ltd. Prior to this he worked as Executive Director (Regional Projects) in RITES Limited, a CPSE under the Ministry of Railways. 

Gupta holds a Bachelor’s degree in Civil Engineering from NIT, Kurukshetra and an M.Tech from IIT Delhi. He joined Indian Railway Service of Engineers in 1986 and has 33 years long experience in Civil Engineering.

During his tenure as Executive Director in RITES, he successfully supervised planning, designing and execution of more than 125 projects. He accomplished various projects in areas of Metros and Rail Infrastructure which include Metro in Mauritius, Metro Rail Projects in India, Roads under/over Bridges and various buildings etc. 

pm-modi-inaugurated-‘garvi-gujarat’-sadan

PM Modi inaugurated ‘GARVI GUJARAT’ Sadan

By IndianMandarins 05 Sep 2019

Prime Minister Narendra Modi inaugurated newly constructed Garvi Gujarat Sadan in New Delhi on 02 September 2019. PM takes a look at the model of Garvi Gujarat Sadan during inauguration while Neelesh Kumar Shah, Director (Projects), NBCC, seen explaining the Prime Minister about Structure. The project executed by NBCC, is an Iconic eco-friendly earthquake resistant Structure, a first of its kind in the capital. Built on an area of 20325 Sq mtr and at a cost of Rs. 131 crore, the Sadan has been completed in 3 months ahead of schedule.

nbcc-reports-net-profit-of-over-384-crore-in-2018-19

NBCC reports net profit of over 384 crore in 2018-19

By IndianMandarins 11 Jun 2019

The State-owned infrastructure giant NBCC (India) Limited has kept its trend of growth and has made significant gains. In the last financial year that ended in March 2019 the NBCC has reported standalone net profit of Rs. 384.11 crore. This is against Rs. 333.60 crore during the previous financial year and, thus, the company has registered a growth of 15.14 per cent.

 

The standalone total income for the financial year 2018-19 stood at Rs. 7432.22 crore as compared to Rs. 6011.14 crore through the previous year.

 

The consolidated total income for FY 2018-19 came to Rs 10151.37 crore as compared to Rs 8609.62 crore the previous financial year.

 

For the quarter ended March 31, 2019, the company’s standalone total income stood at Rs. 2424.09 crore as against Rs. 2223.32 crore of Q4 of the previous year. The net profit for the period stood at Rs. 152.75 crore as compared to Rs. 141.65 crore in the corresponding quarter the previous year.

 

Expressing satisfaction over the gains made by the company as shown by the audit report, NBCC Director (Commercial) Rajendra Chaudhari said, “The financial performance of the company is encouraging and is expected to go up further. In the FY 19-20, we shall be extra determined and fast track steps to achieve a strong market share through further growth.”

 

Neelesh Shah, Director (Projects) too felt confident about keeping up the growth of the company and better its performance in the current fiscal year, or 2019-20.

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Indianmandarins.com, an initiative of New Media Network, is a multi-media initiative for the fast and real-time dissemination of news and information related to civil services, central PSUs and other institutions that play a critical role in governance, administration, corporate governance, and public life in India. We aspire to provide our esteemed readers with news breaks and situation analysis in the above-mentioned domain of operations. Currently, we are available at www.indianmandarins.com. We are now planning to branch off into print publication and few other related business initiatives.