NCC secures new orders worth Rs 3,496 crores in October 2024

NCC Limited has recently informed exchanges that the company got orders of 3496 crores (without GST) in October 2024. Approximately 2694 crores of these orders are for the Building Division, 538 crores for the Electrical Division and ~274 crores for the Water and Other Divisions.

These orders are received from state and central government agencies, as well as private Limited company and do not include any internal orders.

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The inflow of new orders is expected to bolster NCC Limited’s revenue streams and enhance its project portfolio. With a significant portion of the orders focused on building and infrastructure, the company is well-positioned to contribute to the ongoing development initiatives in India.