NBCC (India) informed that it has received orders from Small Industrial Development Bank of India (SIDBI) and Ministry of Textiles, aggregating to Rs 47.04 crore.
The firm received an additional sanction for Vashi Redevelopment Project from SIDBI of Rs 42.04 crore.Further, the company bagged order for operation & maintenance works at International Craft Compelx, at Vasant Kunj in New Delhi from Office of Development Commissioner (Handicrafts), Ministry of Textiles worth Rs 5 crore.
NBCC (India) is in business of operates into three major segments namely project management consultancy, real estate and engineering procurement & construction.
The companys consolidated net profit jumped 39.2% to Rs 104.62 crore in Q1 FY25 as compared with Rs 75.14 crore in Q1 FY24. Net sales increased 10.7% YoY to Rs 2118.68 crore in Q1 FY25.
Shares of NBCC (India) dropped 3.41% to currently trade at Rs 174 on the BSE.
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