NEELESH K SHAH NBCC

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

PM Modi inaugurated ‘GARVI GUJARAT’ Sadan

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.

05 Sep 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.

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.

samvaad:-dr-mittal-aims-at-maharatna-status-for-nbcc

Samvaad: Dr Mittal aims at Maharatna status for NBCC

By IndianMandarins 26 Mar 2019

NBCC CMD Dr Anoop Kumar Mittal addressing the employees at the 14 th edition of the Samvaad said that the Navratna CPSE will have to step-up its order book execution capabilities.

 

Samvaad is a quarterly brainstorming meet, organized by the construction behemoth, in order to take stalk of internal situation, growth trajectory, business development and systematic improvements in the style of working.

 

“If we continue to work hard and execute our projects on time, no one can stop us from achieving the Maharatna status,” Dr Mittal said. The CMD and senior management engaged with around hundred officers in the daylong session and took their feedback on how to usher the company on the path of nation-building.

 

The event was attended by Rajendra Chaudhari, Director (Commercial); Neelesh K Shah, Director (Projects); Sanjiv Swarup, CVO; Gyanesh Pandey, MD, HSCC and all senior executives of NBCC.

 

CMD gave the credit of the company’s growth to its “hard-working” employees, who have been “instrumental” in raising the stock of the company in the sector in terms of more revenue generation and prestige.

nbcc-subsidiary-necl-holds-its-3rd-agm

NBCC Subsidiary NECL holds its 3rd AGM

By IndianMandarins 08 Oct 2018

NBCC Engineering & Consultancy Limited (NECL), a wholly owned subsidiary of NBCC (India) Ltd. recently held its 3rd Annual General Meeting (AGM). Neelesh K Shah, Director (Projects), NBCC and Chairman, NECL chaired the meeting and shared performance details of the subsidiary in the year 2017-18. He spoke at length on the future outlook of the company and the other business initiatives.

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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.