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CNBC TV1831-12-2025, 18:02

NBCC Secures ₹220.31-Cr Orders in Bengaluru, Telangana, Maharashtra

  • Navratna NBCC (India) Ltd. won three domestic orders totaling ₹220.31 crore across Bengaluru, Telangana, and Maharashtra.
  • A significant ₹163.12 crore order from Canara Bank is for planning and constructing its head office in Bengaluru's Manyatha Tech Park.
  • Navodaya Vidyalaya Samiti awarded two orders: ₹9.01 crore for a boys' dormitory in Maharashtra and ₹48.18 crore for a permanent campus in Telangana.
  • The company clarified that these contracts are not related-party transactions, with no promoter interest in the awarding entities.
  • NBCC's shares closed slightly lower at ₹121.70; Q2 FY25 saw 26% net profit growth and 19% revenue increase.

Why It Matters: NBCC bagged ₹220.31 crore in new construction orders, boosting its project portfolio and financial outlook.

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