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. 252.80 Cr. approx.'.
NBCC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
NBCC (India) Limited has received a work order worth approximately Rs. 252.80 crore (excluding GST) from the Odisha School Education Programme Authority. The order involves implementing Phase-II of the Godabarisha Mishra Adarsha Prathamika Vidyalaya (GMAPV) Scheme across 46 schools in various districts of Odisha. This is a Project Management Consultancy contract awarded domestically. The company clarified this work is in the normal course of its business operations.
A positive but modest development for NBCC, adding about Rs. 253 crore to its order book. As a government infrastructure and PMC company, this aligns with its regular business activity and should provide steady execution revenue.