Hyderabad, February 1, 2025 – NCC Limited (NSE: NCC, BSE: 500294) has announced that it received an order worth
₹424.79 crores (excluding GST) in January 2025. The order was secured from the
State Government and falls under the company’s
Transportation Division.
Key Highlights:
- Order Value: ₹424.79 crores (excluding GST)
- Project Awarding Entity: State Government
- Division: Transportation
- Duration: 24 months
- No Related Party Transactions: The contract does not involve any promoter group or related party.
Strategic Importance
This order signifies NCC Limited’s continued expansion in infrastructure projects, particularly in the
transportation sector. The company emphasized that this contract was received in the
normal course of business and is
not an internal order.
Management Commentary
A.V. Ranga Raju, Managing Director of NCC Limited, confirmed the development, highlighting the company's robust project pipeline and ongoing contributions to India’s infrastructure growth.
Outlook
With a strong presence in the infrastructure sector, NCC Limited remains well-positioned to leverage government-led development initiatives. The company is expected to continue bidding for high-value projects, reinforcing its leadership in the construction and engineering space.