NBCC's Net Loss At A Whopping Rs 90 Cr For Q2FY20

New Delhi: State-run NBCC India Ltd’s consolidated net loss stood at Rs 90.91 crore for the second quarter of the current fiscal as compared net profit of Rs 79.51 crore in the corresponding period of the previous fiscal.

The consolidated total income of the company dropped 21 percent at Rs 1,665.5 crore for the second quarter of the ongoing fiscal as against Rs 2,104.7 crore in the corresponding period of the previous fiscal, the company said in a regulatory filing.

The PMC segment of the business accounted for Rs 1,566.8 crore out of the total revenues of the company in the second quarter of the current fiscal. Real estate segment accounted for Rs 1.29 crore and EPC segment accounted for Rs 88.20 crore of the total revenues.

 

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