NEW DELHI: NBCC has reported a dip of 52.23 per cent in its net consolidated profit during the quarter ended March 2022. Its profit after tax (PAT) stood at Rs 41.10 crore in Q4 FY22 as against Rs 86.03 crore it recorded in the corresponding quarter of the previous fiscal, the company said in a BSE filing.

The company’s total consolidated income stood at Rs 2,496.44 crore in Q4 FY22, a dip of 10.59 per cent from Rs 2,792 crore in the similar quarter last year.

The board of directors have recommended final dividend at 50% i.e. Rs 0.50 per equity share on the face value of the paid-up equity shares of Rs. 1 per share for the FY 2021-22 subject to approval of shareholders.

The group has constructed group housing real estate project at Kochi, Kerala containing 3,20,216 sq ft residential and 4,424 sq ft commercial area. The group has incurred a construction cost amounting Rs 87.01 crore thereon upto March 31, 2022. The sale in the project is pending for want of environmental clearance (EC), it said in the regulatory filing.
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