NBCC (India) added 3.91% to Rs 91.30 after the company said that it has been awarded redevelopment works (phase-I) in the state of Goa worth Rs 1,726 crore by the Government of Goa.
Accordingly, the company would undertake the redevelopment of Junta House, 18th June Road, Panjim; redevelopment of govt. garage, MG Road, Panjim; construction of administrative building at Porvarim; redevelopment of circuit house, Panjim; redevelopment of govt. quarters, St. Inez; and Redevelopment of mini convention centre at Tiswadi, patto.
NBCC (India) is in business of operates into three major segments namely project management consultancy, real estate and engineering procurement & construction.
The companys consolidated net profit jumped 39.2% to Rs 104.62 crore in Q1 FY25 as compared with Rs 75.14 crore in Q1 FY24. Net sales increased 10.7% YoY to Rs 2118.68 crore in Q1 FY25.
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