NBCC (India) Ltd has landed two significant contracts worth a combined ₹658.42 crore, reinforcing its position in infrastructure and real estate development. The orders, announced on March 25, 2025, include a ₹438.98 crore contract for projects in Haridwar and a ₹219.45 crore deal for infrastructure development in New Delhi. Meanwhile, the company also reported robust financial results for Q3 FY25, with net profit surging 25.1%.
Uttarakhand Investment and Infrastructure Development Board Awards ₹438.98 Crore Project
NBCC’s largest contract comes from the Uttarakhand Investment and Infrastructure Development Board, amounting to ₹438.98 crore. The project focuses on transforming key areas in Haridwar, a crucial religious and tourism hub.
The scope of work includes:
- Rejuvenation of Rodia Belwala
- Redevelopment of Sati Kund and its surrounding areas
- Upgrades to Har Ki Pauri and Subhash Ghat
- Resurfacing of parking and commercial spaces near Haridwar railway station
These initiatives are expected to enhance infrastructure and accommodate the rising number of visitors to the city. Local businesses and pilgrims stand to benefit from the modernization efforts.
C-DOT Project in New Delhi Worth ₹219.45 Crore
The second order, valued at ₹219.45 crore, comes from the Centre for Development of Telematics (C-DOT). It focuses on infrastructure development at the C-DOT Campus in Mehrauli, New Delhi.
NBCC will oversee the planning, supervision, and construction of:
- Data centres
- Residential buildings and hostels
- Housing units
- A technical block to support telecom infrastructure
C-DOT has played a crucial role in advancing India’s telecommunication sector, and the new infrastructure aims to bolster its research and development capabilities. The partnership with NBCC underscores the company’s expertise in managing large-scale projects efficiently.
E-Auction Success: NBCC Sells 1,046 Units in 18 Hours
NBCC also made headlines with its successful e-auction of residential units at Aspire Centurian Park in Greater Noida. The company managed to sell 1,046 flats within 18 hours, generating a total sales value of ₹2,353 crore.
- The rapid sales reflect strong demand in the real estate market.
- NBCC will earn a 1% commission on total sales, amounting to approximately ₹23.53 crore.
This achievement highlights NBCC’s ability to drive real estate transactions through digital platforms, streamlining the property sales process.
Strong Q3 Financial Performance
NBCC’s financial results for Q3 FY25 indicate steady growth and profitability. The company’s net profit rose 25.1% year-over-year to ₹138.5 crore, compared to ₹110.7 crore in the previous year.
Financial Metric | Q3 FY25 | Q3 FY24 | Growth (%) |
---|---|---|---|
Net Profit (₹ crore) | 138.5 | 110.7 | 25.1% |
Total Income (₹ crore) | 2,827 | 2,423.5 | 16.6% |
EBITDA (₹ crore) | 142 | 116.8 | 22% |
EBITDA Margin | 5% | 4.8% | – |
The increase in EBITDA and slight expansion of EBITDA margins suggest improved operational efficiency. NBCC’s consistent growth in revenue and profitability reinforces its status as a key player in urban development and real estate management.
Outlook: NBCC Strengthens Its Market Position
With major contract wins, a thriving real estate segment, and solid financial performance, NBCC remains a strong force in India’s infrastructure sector. The company’s continued expansion into redevelopment and smart city projects is expected to drive sustained growth in the coming quarters.