NBCC gains after securing Rs 801 crore construction orders
Mumbai, Aug. 5 -- The company received a Rs 20.82 crore order from the Odisha School Education Programme Authority (OSEPA) for the construction of hostels under the DA JGUA Scheme across various districts in Odisha.
In addition, NBCC bagged a project management consultancy (PMC) contract worth approximately Rs 780.38 crore from the Reserve Bank of India (RBI). The project involves the construction of an RBI office complex at Nelapadu, Amaravati, and officers' and staff residential complexes at Inavolu, Amaravati, in Andhra Pradesh.
NBCC (India) operates in three major segments project management consultancy, real estate, and engineering procurement & construction.
The company's consolidated net profit jumped 37.22% to Rs 241.38 crore o...
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