NBCC India Secures Work Orders Worth ₹132.28 Crore
NBCC (India) Limited has secured new work orders totaling ₹132.28 crore. These include two projects for Navodaya Vidyalaya Samiti in Assam, each valued at ₹55.46 crore, for constructing permanent campuses. A third order worth ₹21.36 crore is for building a 200-bedded Sports Hostel in Odisha.
The value of the work orders is significant and contributes to the company's order book, but it does not represent a transformative event for the company's overall financial standing.
The company has received new work orders, which is a positive development indicating business growth and revenue generation.
NBCC (India) Limited has announced the receipt of new work orders in the ordinary course of its business, totaling approximately ₹132.28 crore (excluding GST). These orders include the construction of a permanent campus at JNV, South Salmara, Assam, valued at ₹55.46 crore, awarded by Navodaya Vidyalaya Samiti.
Additionally, the company will undertake the construction of another permanent campus at JNV, West Karbianglong, Assam, also valued at approximately ₹55.46 crore, from Navodaya Vidyalaya Samiti. Furthermore, NBCC has been awarded a contract for the construction of a 200-bedded Sports Hostel in Sambalpur, Odisha, adjacent to the Dr. Jhasaketan Sahu Swimming Pool, with an approximate value of ₹21.36 crore. This project was awarded by the Sports & Youth Services Department, Government of Odisha.
These projects fall under the company's Project Management Consultancy services and are awarded by domestic entities. Further details regarding the specific terms and conditions of these contracts are available on the company's website.
What to do with a filing like this
NBCC (India) Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by NBCC (India) Limited. Read the original for the full detail.