NPCC achieves operating turnover of Rs 1118 crore

Board of Directors of National Project Construction Company Limited (NPCC) has approved financial results of the company in its meeting held on August 17, 2017. The Board also took note of appointment of Sanjay Kundu (IPS), JS (PP), MoWR, as Chairman and Managing Director as an additional charge. NPCC posts a PBT of Rs. 33 crore and PAT of Rs. 29 crore in the FY 2016-17 in comparison to PBT of Rs. 21 crore and PAT of Rs. 11 crore in the FY 2015-16. Company achieved an Operating turnover Rs. 1118 crore against Rs. 941 Cr. in the FY 2015-16. Company also succeeded in earning an operating profit of Rs. 6 crore against an operating loss of Rs. 15 crore in the FY 2015-16. During the years, company took several steps to improve its systems and procedures to improve transparency and Corporate Governance. Sahab Narain, Director Finance joined NPCC in July 2016. He has also served NFDC as Director Finance from 2010 to 2015.