NCC Limited has disclosed receiving advance work orders worth a whopping ₹108.05 billion, considerably adding to its already strong order book. This news follows a series of recent contract wins, among them a ₹1,480.34 crore order for redeveloping Darbhanga Medical College & Hospital.
Key highlights:
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Advance work orders worth ₹108.05 billion
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Follows recent ₹1,480.34 crore healthcare infrastructure project in Bihar
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Order book was at ₹55,548 crore as on December 2024
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Company booked orders of ₹13,608 crore in first 9 months of FY2025
The huge volume of orders is likely to further enhance NCC's market standing and future revenue potential. The stock reacted positively to the development with shares trading 3.73% higher at ₹204.30 on the BSE.
NCC's varied project order book and robust order book, worth around ₹2.45 lakh crore, place it in a good position for sustained growth in the infrastructure space.
Sources: Company Regulatory Filing, Capital Market News, DSIJ, March 25, 2025