NBCC Bags Construction Work in Puducherry

NBCC – The company announced a Rs 500 crore contract for the construction of the Government Medical College and Hospital in Karaikal, Puducherry.

According to the company, the contract is for Project Management Consultant (PMC) work on a deposit basis.

NBCC (India) is a civil engineering construction company. The Government of India owned 61.75% of NBCC as of September 30, 2022. (India).

Despite an 8.1% increase in net sales to Rs 2,116.50 crore in Q3 FY23 over Q3 FY22, the company’s consolidated net profit fell 16.3% to Rs 69.09 crore.