NBCC (India) secures Rs 500 crore worth order in Puducherry

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.

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