Business Standard

Sunday, December 22, 2024 | 09:40 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

NBCC rises on bagging orders worth Rs 230 cr

Image

Capital Market

NBCC (India) gained 1.40% to Rs 37.58 after the EPC company received work orders worth Rs 229.81 crore, from Indian Institute of Foreign Trade.

The civil construction company will construct new campus for IIFT in Kakinada.

The announcement was made after trading hours yesterday.

NBCC (India) provides civil engineering construction services. As on 30 September 2022, the Government of India held 61.75% stake in NBCC (India).

The company's consolidated net profit declined 16.3% to Rs 69.09 crore despite of 8.1% rise in net sales to Rs 2,116.50 crore in Q3 FY23 over Q3 FY22.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 10 2023 | 9:28 AM IST

Explore News