NBCC Secures ₹296.53 Crore Contract from Meerut Development Authority
NBCC (India) Limited has won a ₹296.53 crore project management consultancy contract from Meerut Development Authority for redevelopment projects in Meerut, Uttar Pradesh. This contract is expected to enhance NBCC's order book and reinforce its market position in the construction industry. The company's shares gained up to 3% following the announcement, indicating positive investor sentiment.
NBCC (India) Limited has won a significant contract worth ₹173.00 crore in the construction sector. This new project is expected to boost the company's revenue, expand its order book, and potentially enhance market confidence in NBCC's capabilities. Specific details about the project and client remain undisclosed.
NBCC (India) has secured a new order worth ₹518.00 crore, enhancing its order book and reinforcing its position in the construction and infrastructure sector. While specific project details remain undisclosed, this development is expected to improve NBCC's revenue visibility and potentially boost investor confidence. NBCC, a Navratna Enterprise under the Ministry of Housing and Urban Affairs, operates in Project Management Consultancy, Real Estate Development, and EPC Contracting segments.
NBCC, a state-owned construction company, has been awarded a significant contract worth ₹518.00 crore (₹5.18 billion). This contract is expected to boost NBCC's revenue, enhance its project portfolio, and potentially strengthen its market position in the construction industry. NBCC operates in three main segments: Project Management Consultancy, Real Estate Development, and EPC Contracting.
10Jun 25
NBCC Secures ₹50.54 Crore Temple Development Project, Boosting Business Portfolio
NBCC (India) Limited has won a ₹50.54 crore contract from the Ministry of Tourism for developing Maa Chintpurni Temple in Himachal Pradesh under the Prashad Scheme. This follows recent acquisitions including a ₹161.55 crore interior work project for Power Finance Corporation and a ₹1,467.93 crore e-auction of their Aspire Silicon City project. The new contract is expected to boost NBCC's revenue, enhance its order book, and demonstrate its ability to undertake diverse projects.
NBCC (India) Ltd reported strong Q4 results with net profit increasing by 29.4% to ₹1,725.91 crore and revenue rising by 16% to ₹4,642.55 crore. The company's board recommended a final dividend of 14% (₹0.14 per share). NBCC shares gained 2.51%, closing at ₹126.46 in response to the news.
30May 25
NBCC India Announces Rs 0.14 Per Share Dividend, Reports 29.3% Profit Growth in Q4
NBCC India Ltd. announced strong Q4 results with a 29.30% year-over-year increase in consolidated net profit to Rs 176.00 crore. Revenue rose by 16.20% to Rs 4,643.00 crore. The company declared a final dividend of Rs 0.14 per share, subject to shareholder approval.