Administration consulting main NBCC (India) Ltd on Monday, 24 February, introduced securing a brand new order value Rs 264 crore from NIT Kurukshetra.
The contract entails establishing a number of buildings at NIT Kurukshetra in Haryana, together with the tutorial block, hostel, residential quarters, director’s residence, vertical expansions of hostels and tutorial buildings, and different exterior growth work. The venture will probably be executed beneath the Engineering, Procurement, and Building (EPC) mannequin.
Final week, the corporate secured two new contracts totalling Rs 851.69 crore.
The primary, valued at Rs 776.75 crore, was awarded by Damodar Valley Company for the development of buildings and related infrastructure for townships in Durgapur, Koderma, and Raghunathpur, Kolkata.
The second, value Rs 74.94 crore, was from the Ministry of Housing and City Affairs for upkeep work on the New Moti Bagh GRPA Advanced for 2 years, extending till FY27.
NBCC reported a 25.1% rise in web revenue for the December quarter, reaching Rs 138.5 crore in comparison with Rs 110.7 crore in the identical interval final 12 months. Income from operations additionally grew 16.6% to Rs 2,827 crore, up from Rs 2,423.5 crore within the third quarter of the earlier 12 months.
On the operational degree, EBITDA elevated by 22% to Rs 142 crore from Rs 116.8 crore, with the EBITDA margin enhancing barely to five% from 4.8%, reflecting higher effectivity.
On 13 February, NBCC offered a robust outlook for FY26, projecting income development of 25-35%, a major bounce from the present 10-15% vary. The corporate additionally expects an EBITDA margin enlargement of 0.5-1% from present ranges.
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