Highlights Public Sector Unit News

NBCC Order Book Crosses Rs 1.26 Lakh Crore

State-owned NBCC (India) Limited’s consolidated order book crossed Rs 1.26 lakh crore at the end of the September quarter, as the company expects to secure additional contracts in the second half of the 2026-27 financial year.

NBCC operates across project management consultancy (PMC), engineering, procurement and construction (EPC), and real estate businesses. Its Chairman and Managing Director, K P Mahadevaswamy, shared the latest order book position during an interaction with analysts.

“In terms of order book position, NBCC’s standalone order book is standing at Rs 1,12,000 crore and consolidated order book Rs 1,26,000 crore,” Mahadevaswamy said.

NBCC Secures Rs 3,600 Crore in New Business in Q2

According to the transcript posted on stock exchanges on Tuesday, NBCC secured new business worth Rs 3,600 crore on a consolidated basis during the second quarter.

Mahadevaswamy said the company is in discussions with several state governments, including Bihar and West Bengal. He expressed confidence that NBCC would secure substantial work orders during the second half of FY 2026-27.

The company recently signed a Memorandum of Understanding (MoU) with the Bihar government to develop four residential and commercial projects in the state at an estimated cost of Rs 2,000 crore.

NBCC stated that it had signed an MoU with various departments of the Bihar government to undertake four redevelopment projects in Patna under Phase I. The projects will follow a self-financing model and will not require budgetary assistance from the state government.

NBCC Reports 34% Growth in Q2 Net Profit

Earlier this month, NBCC reported a 34% year-on-year increase in consolidated net profit to Rs 209.84 crore for the second quarter of FY 2026-27. The company had recorded a net profit of Rs 156.68 crore in the corresponding quarter of the previous financial year.

Its total income also increased to Rs 3,456.22 crore in the September quarter, compared with Rs 3,017.15 crore in the year-ago period.

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