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NBCC India’s Q1 FY26 Net Profit Climbs 25.97%

NEW DELHI: NBCC (India) reported a 25.97% increase in net consolidated profit for the quarter ending June 30, 2025, with a profit after tax of ₹135.03 crore in Q1 FY26, up from ₹107.19 crore during the same quarter last year, as per their BSE filing. The company’s net consolidated total income for Q1 FY26 reached ₹2,465.48 crore, marking a 12.26% rise from ₹2,196.20 crore in the equivalent quarter of the previous year. The board declared a first interim dividend of ₹0.21 per share (face value of ₹1) for the financial year 2025-26. Published on Aug 8, 2025, at 09:29 AM…

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Homebuyers urge CJI, PM to let NBCC finish Supertech projects

Homebuyers from 16 halted housing projects by Supertech have reached out to Chief Justice of India B R Gavai and Prime Minister Narendra Modi, urging intervention to transfer these projects to state-owned NBCC instead of the NCR-based Apex Group. The buyers are requesting the Supreme Court to lift a stay imposed on a December 2024 order from the National Company Law Appellate Tribunal (NCLAT), which directed that these projects be handed over to NBCC (India) Ltd for timely completion. This stay was placed following a revival proposal submitted to the Supreme Court by Apex Group. “After enduring over a decade…