NEW DELHI. NBCC (India) Limited has delivered a stellar financial performance for the third quarter of FY26, reporting a 38% year-on-year jump in standalone net profit to ₹19,660.26 crore. This significant growth was largely propelled by a Supreme Court order regarding the Kochi group housing project, which allowed the company to reverse a previous write-down of ₹8,015.53 crore. The company’s revenue from operations also saw a steady climb, reaching ₹2,08,753.75 crore, reinforcing its strong position in the government and infrastructure sectors.
Key Financial & Operational Highlights
Net Profit Growth;
Standalone profit rose to ₹19,660.26 crore, while consolidated net profit reached ₹19,721.52 crore.
Segment Leadership:
The Project Management Consultancy (PMC) division remained the primary revenue driver, contributing over ₹2,01,000 crore to the topline.
Exceptional Gain: Reversal of the ₹8,015 crore Kochi project write-down significantly boosted the Real Estate segment’s profitability.
Dividend & EPS:
Earnings Per Share (EPS) improved to ₹0.73 from ₹0.53, following an earlier second interim dividend of ₹0.21 per share paid in December 2025.
Project Status:
While the Alwar project saw successful e-auctions and provision reversals, the Green View project in Gurugram remains under resolution with cumulative provisions of over ₹468 crore for buybacks and settlements.
The management has emphasized its focus on resolving stressed assets and maintaining transparent accounting practices. Despite challenges such as the stalled NBCC Plaza project in Pushp Vihar due to municipal charges, the company’s subsidiary performance and successful legal outcomes in tax matters—including a favorable GST ruling from the High Court—have provided a robust cushion for future growth. With a nine-month net profit already crossing ₹58,000 crore, NBCC is on track for a record-breaking financial year.
