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NBCC Secures New Work Orders Worth Rs 62.62 Crore
NBCC (India) Limited has been awarded two new domestic work orders totaling approximately Rs 62.62 crore. The primary order, valued at Rs 56.23 crore, involves construction and renovation work for five state public universities in Odisha under the PM-USHA scheme. A secondary order of Rs 6.39 crore was secured from NHPC Limited for residential construction in Jammu. Both projects are being executed under the Project Management Consultancy (PMC) model, which is the company's core business segment.
Key Highlights
Total value of newly awarded work orders is approximately Rs 62.62 crore.
Major order worth Rs 56.23 crore received from the Higher Education Department, Govt. of Odisha.
Minor order worth Rs 6.39 crore received from NHPC Limited for residential rooms in Jammu.
Both contracts are domestic projects categorized under Project Management Consultancy (PMC).
The orders were received in the ordinary course of business for the company.
💼 Action for Investors
These are routine order wins and are relatively small compared to NBCC's massive existing order book. Investors should continue to monitor the company's execution efficiency and quarterly margin performance.