Prime Highlights
- NBCC secured fresh work orders worth ₹83.24 crore across Mumbai, Delhi and Odisha.
- The company reported FY26 net profit of ₹703.3 crore, up from ₹476.1 crore in FY25.
Key Facts
- NBCC (India) Ltd is a government-owned construction and project management company.
- The new Odisha project covers veterinary hospitals, laboratories, livestock centres and related infrastructure across multiple districts.
Background
NBCC (India) Ltd, the state-run construction company, has managed to pick up new work orders close to ₹83.24 crore, not counting GST, and this is said to reinforce its ongoing project pipeline across multiple states. The contracts cover residential, government infrastructure and veterinary facility development projects.
The largest order, valued at ₹39.99 crore, came from Canara Bank for the construction of a residential building in Borivali West, Mumbai. NBCC also received a ₹37.74 crore contract from Odisha’s Fisheries and Animal Resources Development Department for construction and expansion work at veterinary and livestock facilities across several districts. In addition, the company secured a ₹5.51 crore project from the Resident Commissioner of Andhra Pradesh Bhavan for the upgrade of the Chief Minister’s official residence at Bungalow No. 1, Janpath.
The Odisha assignment includes work on regional veterinary hospitals, polyclinics, diagnostic laboratories, veterinary dispensaries, livestock aid centres, livestock resource centres and administrative offices.
On the financial front, NBCC reported a consolidated net profit of ₹253.5 crore for the March quarter, compared with ₹182.7 crore in the same period a year earlier. Revenue stood at ₹4,559.8 crore, slightly lower than the previous year’s level. EBITDA declined to ₹287.3 crore, while the EBITDA margin narrowed marginally to 6.3%.
The profit before tax rose to ₹304.6 crore, helped by an exceptional gain of ₹80.1 crore. This gain reversed an earlier write-down from the company’s Kochi real estate project.