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Of these, the first order worth ₹776.75 crore is from the Damodar Valley Corporation for the construction of buildings and associated works of townships at Durgapur, Koderma and Raghunathpur in Kolkata.
The second order worth ₹74.94 crore is from the ministry of housing and urban affairs for the maintenance works of New Moti Bagh GRPA Complex for two years till FY27.
The company reported a 25.1% year-on-year (YoY) rise in net profit to ₹138.5 crore for the quarter ended December 2024, compared to ₹110.7 crore in the same period last year.
The state-owned Navratna infrastructure major also saw a healthy 16.6% YoY increase in revenue from operations, which stood at ₹2,827 crore, up from ₹2,423.5 crore in Q3FY24.
At the operating level, the company’s EBITDA rose 22% YoY to ₹142 crore, compared to ₹116.8 crore in the previous year. EBITDA margins improved slightly to 5% from 4.8% YoY, reflecting operational efficiency gains.
NBCC on Thursday, February 13, gave a strong guidance for FY26. The company said its revenue growth for the next fiscal should be at 25-35% compared to the current run rate of 10-15%. It added that the margin will see an expansion by 0.5-1% from current levels.
NBCC shares were trading 4.78% lower at ₹81.65 apiece 1.45 pm on Friday, February 14. The stock has fallen 29.5% in the last six months.
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First Published: Feb 14, 2025 1:54 pm IS
