Infrastructure firm NCC Ltd on Tuesday (March 25) mentioned it has acquired two advance work orders value a complete of ₹10,804.56 crore (excluding GST) from Bharat Sanchar Nigam Restricted (BSNL) for the design, provide, development, set up, upgradation, operation, and upkeep of the center-mile community of BharatNet.
“…we’re happy to inform that, the Firm has acquired 2 (Two) Advance Work Orders dated twenty fifth March 2025 from Bharat Sanchar Nigam Restricted (BSNL) for Design, Provide, Development, Set up, Upgradation, Operation and Upkeep of center mile community of BharatNet, in Uttarakhand Telecom Circle (in opposition to Package deal No.- 05) and Madhya Pradesh, DNH & DD Telecom Circles (in opposition to Package deal No.- 01),” NCC mentioned in a regulatory submitting.
The primary contract, valued at ₹2,647.12 crore, covers the Uttarakhand telecom circle, whereas the second, value ₹8,157.44 crore, pertains to Madhya Pradesh, Dadra & Nagar Haveli, and Daman & Diu telecom circles. Each tasks have a 3-yr development interval and a ten-yr upkeep interval.
Additionally Learn: NCC baggage ₹218.8-crore transportation order from a state authorities
In accordance to NCC’s coverage on willpower of materiality of occasions and knowledge, contracts exceeding ₹1,000 crore are categorised as main orders.
The order size is nearly the identical as the corporate’s general market capitalisation. As of Tuesday’s shut, NCC had a market capitalisation of ₹12,836 crore.
NCC Ltd reported a 12.5% yr-on-yr (YoY) decline in web revenue at ₹193.2 crore for the third quarter that ended December 31, 2024. Within the corresponding quarter of the earlier fiscal, NCC Ltd posted a web revenue of ₹220.7 crore.
The corporate’s income from operations elevated 1.6% YoY to ₹5,344.5 crore in opposition to ₹5,260 crore. On the working stage, EBITDA fell 16.6% to ₹420.9 crore in Q3 of this fiscal over ₹504.4 crore final yr.
The EBITDA (earnings earlier than curiosity, tax, depreciation, and amortisation) margin stood at 7.9% within the reporting quarter as in contrast to 9.6% within the corresponding interval within the earlier fiscal. The corporate has reported fundamental and diluted EPS of ₹3.08 for the third quarter in opposition to ₹3.51 in Q3FY24.
Additionally Learn: NCC shares rise 5% after ₹1,480 crore order win from the Bihar authorities
Shares of NCC Ltd ended at ₹205.25, down by ₹3.90, or 1.86%, on the BSE.
(Edited by : Shoma Bhattacharjee)
First Printed: Mar 25, 2025 7:02 PM IST
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