Shares of NCC Ltd jumped 3% to touch a day’s high of Rs 215.80 on 27th October after the company announced that it has received a major contract worth Rs 6,828.94 crore (excluding GST) from Central Coalfields Limited for coal and overburden extraction and transportation work at the Amrapali Opencast Project (OCP) in the Chandragupt Area of Jharkhand.

In a stock exchange filing on 25th October, NCC Ltd said it received a Letter of Acceptance from Central Coalfields Limited on 24th October. The project is worth Rs 6,828.94 crore.

The contract involves deploying heavy earth-moving machinery to remove 413.59 million cubic metres of overburden. They will also extract 233.325 million tonnes of coal and transport it to the Shivpur siding and surface stockyard. Additionally, it includes wagon loading of 139.995 million tonnes of coal at Shivpur siding under the Amrapali Opencast Project in Jharkhand’s Chandragupt Area.

The project will be executed over 2,915 days, including a 360-day development phase followed by a 7-year production period. NCC clarified that the order was awarded by a domestic entity with no related-party involvement.

In Q1 FY26, NCC reported an 8.46% year-over-year decline in consolidated net profit to Rs 192.14 crore. This was compared to Rs 209.92 crore in Q1 FY25. Revenue from operations fell 6.3% to Rs 5,178.99 crore. The construction segment contributed Rs 5,151.33 crore, down 5.52%. Meanwhile, the real estate segment generated Rs 27.66 crore, a 62.17% drop. EBITDA stood at Rs 456 crore, down 4.6% from Rs 478 crore in the same period last year.

At 1:54 PM, shares of NCC were trading 1.94% higher at Rs 213.63 on NSE.

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