|
The five orders includes two orders valuing Rs 952 crore relating to transportation division, two orders worth Rs 792 crore relating to electrical division, one order valuing Rs 175 crore relating to building division.
“These orders are received from State and Central Government agencies and does not include any internal orders,” the company stated.
The said contracts will be executed in a time span of 18 to 36 months from the date of award.
Hyderabad-based NCC is a construction company, engaged in the construction of roads, buildings, irrigation, water and environment, electrical, metals, mining and railways. Apart from executing projects across India, the company has a presence in the Middle East through its subsidiaries in Muscat and Dubai.
The company's consolidated net profit surged to Rs 157.70 crore in the quarter ended December 2022 as against Rs 76.42 crore during the previous quarter ended December 2021. Sales rose 27.68% to Rs 3849.60 crore in Q3 FY23 over Q3 FY22.
The scrip was up 0.47% to Rs 106.80 on the BSE.
|