State-owned construction major NBCC (India) Limited reported its Q4 FY26 earnings with a strong jump in profitability despite a marginal decline in revenue and operating performance on a year-on-year basis.
The company posted a consolidated net profit of ₹253.5 crore in the March quarter, registering a growth of nearly 39% compared to ₹182.7 crore reported in the corresponding quarter last year. The sharp rise in profit indicates improved bottom-line performance during the quarter.
However, revenue from operations slipped 1.8% YoY to ₹4,559.8 crore against ₹4,643.8 crore reported in Q4 FY25, reflecting slightly softer execution during the period.
At the operating level, EBITDA declined 3.4% to ₹287.3 crore compared to ₹297.3 crore in the year-ago quarter. EBITDA margin also remained under pressure and came in at 6.3% versus 6.4% reported last year.
Despite muted revenue growth, investors may take comfort from the strong profit growth delivered by the company during the quarter. NBCC continues to remain one of the key public sector players in project management consultancy, engineering procurement, and real estate development segments.
The company has been witnessing steady order inflows across government infrastructure and redevelopment projects, which could support future business momentum.
Investors will now closely monitor the company’s order book position, execution pipeline, and margin trajectory in the coming quarters.