NBCC (India) Limited announced the approval of a ₹0.21 per share interim dividend (21%) for the financial year 2025-26. The decision was made during a board meeting on November 13, 2025, where the board also reviewed and approved the unaudited financial results for the quarter ended September 30, 2025. The record date for dividend eligibility is set for November 19, 2025.
Financial Performance in Q2 2026
The Board of Directors of NBCC (India) Limited convened on November 13, 2025, to review the unaudited financial results for Q2 2026. During the session, both standalone and consolidated results for the quarter ending September 30, 2025, were assessed and approved.
Interim Dividend Declaration
The board declared a 2nd interim dividend of ₹0.21 per equity share (21%) for the financial year 2025-26. To determine shareholders’ eligibility for this dividend, a record date has been fixed as November 19, 2025. Payment of the interim dividend will be processed within the timeframe stipulated by the Companies Act, 2013.
Emphasis of Matters from Auditor’s Report
The auditor’s report highlights several key points:
- The execution of the lease deed for a Group Housing plot in Naya Raipur, acquired in 2014 at a cost of ₹2,552.39 Lakh, remains pending.
- Non-execution of a conveyance deed for land in Faridabad (Haryana), valued at ₹13,178.41 Lakh.
- A payment of ₹3,021.78 Lakh to Land & Development Office (L&DO) in 2011 for additional ground coverage for “NBCC Plaza” faces a counter-demand from the Municipal Corporation of Delhi (MCD) for ₹3,224.45 Lakh.
- Developed real estate projects in Alwar, with costs up to ₹5,806.44 Lakh until September 30, 2025, have seen a provision of ₹1,256.44 lakh due to deterioration.
- Residential real estate project at NBCC Green View, Sector-37 D, Gurugram, cumulative total provisions and write-offs till September 30, 2025 amounting to ₹46,882.51 Lakh.
- A Value Added Tax (DVAT) demand of ₹40,480.01 Lakh has been remanded back for recalculation.
- A GST demand of ₹9,072 Lakh, which includes a penalty of ₹4,536 Lakh, is currently contested, with a stay granted by the High Court.
The auditor’s report also mentions that the board of directors lacks the required number of independent directors and that their review excluded financial data from foreign branches in Mauritius, Maldives, Seychelles and Jeddah.
Source: BSE
