NCC Board Approves FY26 Results, Reappoints Director, Recommends Dividend
NCC Limited reported FY26 results with standalone net profit at ₹576.76 crore (down from ₹759.44 crore). Consolidated net profit was ₹723.96 crore. The Board recommended a dividend of ₹2.20 per share. Sri AV N Raju was reappointed Whole-time Director, and Sri Rajender Mohan Malla appointed Chairman of the Board. The AGM is on August 27, 2026.
The decline in profits for the fiscal year is a significant factor. However, the dividend recommendation and management changes are important for stakeholders and provide some forward-looking stability.
The financial results show a decrease in profit compared to the previous year, which is a negative indicator. However, the company is recommending a dividend and making key management appointments and reappointments, which are positive developments.
NCC Limited announced the outcome of its Board Meeting held on May 15, 2026. The Board approved the Audited Financial Results for the quarter and year ended March 31, 2026, presenting both standalone and consolidated figures. A dividend of ₹2.20 per equity share (110%) for FY2025-26 was recommended, subject to shareholder approval, with August 14, 2026, set as the record date.
The Board also approved the reappointment of Sri AV N Raju as Whole-time Director for a period of five years from May 30, 2026, to May 29, 2031. Smt. Kauslya Bhupathi Raju was appointed as Director (Commercial) and Senior Management Personnel effective September 1, 2026. Sri A Karthik was appointed as Company Secretary & Compliance Officer and Key Managerial Personnel from May 15, 2026.
Further, the Board elected Sri Rajender Mohan Malla as the Chairman of the Board effective May 24, 2026, following the conclusion of Dr. A S Durga Prasad's term. Consequently, various Board Committees were reconstituted, effective May 24, 2026. The 36th Annual General Meeting (AGM) is scheduled for Thursday, August 27, 2026.
The company reported standalone net profit after tax of ₹202.88 crore for the quarter ended March 31, 2026, compared to ₹213.76 crore in the same period last year. For the full financial year ended March 31, 2026, standalone net profit after tax was ₹576.76 crore, down from ₹759.44 crore in FY2025. Consolidated net profit after tax for the quarter was ₹216.77 crore, and for the full year, it was ₹723.96 crore.
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NCC Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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