NBCC (India) said that the company has a contract for the development of the Government Medical College and Hospital at Karaikal in Puducherry worth Rs 500 crore.
According to a statement from the company, the contract’s type is Project Management Consultant (PMC) on a deposit work basis.
Construction services for civil engineering are offered by NBCC (India). The Government of India controlled 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.