The work order is on project management consultancy on deposit work basis and the time period for the same is yet to be decided.
NBCC (India) provides civil engineering construction services. As on 30 September 2023, the Government of India held 61.75% stake in NBCC (India).
The company’s consolidated net profit declined 16.6% to Rs 79.59 crore in Q2 FY24 as compared with Rs 95.46 crore in Q2 FY23. Net sales rose 1.7%YoY to Rs 2,047.70 crore in Q2 FY24.
The scrip slipped 1.18% to Rs 81.77 on the BSE.
