Mumbai: NBCC (India) Limited a Navratna CPSE, announced its standalone and consolidated financial results for Q3 FY26 and nine months ended December 31, 2025, reporting robust growth in revenue, profits, and order book.
The company had earlier declared a second interim dividend of ₹0.21 per share for FY26, paid on 9 December 2025.
Key Financial Highlights Q3 FY26 (Standalone)
Consolidated 9M FY26 Performance –
- Revenue: ₹8,328.82 crore (up 12.55% YoY from ₹7,399.93 crore in 9M FY25)
- Profit Before Tax (PBT): ₹649.03 crore (up 28.27% YoY)
- Profit After Tax (PAT): ₹488.94 crore (up 30.47% YoY)
Q3 FY26 Consolidated Performance: –
- Revenue: ₹3,022.39 crore (up 7.59% YoY from ₹2,809.07 crore)
- PBT: ₹262.82 crore (up 33.93% YoY)
- PAT: ₹197.22 crore (up 38.47% YoY)
Standalone 9M FY26 Performance –
- Revenue: ₹5,841.56 crore (up 5.98% YoY from ₹5,511.73 crore)
- PBT: ₹619.79 crore (up 39.74% YoY)
- PAT: ₹483.23 crore (up 42.58% YoY)
Standalone Q3 FY26 Performance –
- Revenue: ₹2,087.54 crore (up 2.84% YoY from ₹2,029.88 crore)
- PBT: ₹255.35 crore (up 49.10% YoY)
- PAT: ₹196.60 crore (up 52.88% YoY)
Strategic Highlights
Robust Order Book: NBCC Group maintains a strong order book of ₹1,26,790 crore as of December 31, 2025.
Double-Digit Growth: Consolidated revenue of the NBCC Group grew 12.55% in 9M FY26, with the Project Management Consultancy (PMC) segment posting 19.01% YoY growth.
Profitability Surge: Both standalone and consolidated operations showed significant increase in PBT and PAT across Q3 and 9M FY26 periods, reflecting operational efficiency and strong project execution.
Outlook
NBCC’s consistent growth in revenue and profitability is driven by its strong order book, strategic PMC projects, and continued focus on operational excellence. The company remains well-positioned to capitalize on upcoming infrastructure and construction opportunities, leveraging its expertise across the real estate and project management sectors.
Major Project Updates
Kochi Group Housing Project: ₹8,015 crore write-down reversed after Supreme Court restored original writ petitions, with Net Realisable Value assessed at ₹9,499.21 lakh.
Green View, Gurugram: Structural cracks led to full evacuation; cumulative provisions stand at ₹46,882.51 lakh. Ongoing settlement and recovery processes include litigations and buyback costs.
Alwar – Aravali Apartments: E-auction secured ₹5,855 lakh in firm sales; prior provisions of ₹1,256.44 lakh reversed.
Land Bank Updates –
- Naya Raipur: Lease deed pending for ₹2,552.39 lakh group housing plot
- Faridabad: Conveyance deed pending for ₹13,178.41 lakh plot; provisions adjusted
- NBCC Plaza, Pushp Vihar: Project on hold due to MCD FAR charges; provision of ₹954.43 lakh created.
- Tax Developments: DVAT demand ₹40,480.01 lakh remanded; GST demand ₹9,072 lakh set aside by High Court.
Management Commentary
“NBCC delivered strong operational performance in Q3 FY26 with a significant exceptional gain from reversal of Kochi project write-down. PMC segment continues steady growth, and progress is being made on resolution of stressed real estate projects including Green View and Alwar. We remain committed to transparent accounting and stakeholder engagement,” said an NBCC spokesperson.
About NBCC (India) Limited
NBCC (India) Limited is a Navratna Central Public Sector Enterprise under the Ministry of Housing and Urban Affairs, Government of India. The company specializes in project management consultancy, real estate development, and EPC services across India and internationally, contributing to infrastructure growth and urban development.
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