NBCC (India) Limited has informed the Exchange regarding 'Intimation of Work Orders received by NBCC (India) Limited in the ordinary course of business amounting to Rs. 131.02 Cr. approx.'.
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NBCC (India) Limited has received two work orders totaling approximately Rs. 131.02 crore in the normal course of business. The first order (Rs. 25.52 crore) is for construction of Central Bank of India's office building at Amravati, Andhra Pradesh. The second and larger order (Rs. 105.50 crore) is for construction of the New Andhra Pradesh Bhavan at New Delhi, awarded by the Resident Commissioner, Government of Andhra Pradesh. Both orders are domestic, Project Management Consultancy contracts, and are not related party transactions. The total order value represents less than 2% of NBCC's annual revenue, indicating routine business activity.
The work orders provide modest pipeline visibility for NBCC but are within normal business operations with no material impact on financials or near-term revenue guidance.