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 company’s 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.