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NBCC has secured business worth Rs 1,900 crore in May

NBCC, the state owned construction firm has secured businesses worth Rs 1,900.79 crore in May.

The National Buildings Construction Corporation (NBCC) has over the last year, secured some big-tickets projects that includes redevelopment of exhibition centre of ITPO for Rs 2,149 crore and AIIMS redevelopment works project worth Rs 5,828 crore.

The company has said in a regulatory filing that “NBCC secured a total business amounting to Rs 1,900.79 crore in May, 2016.”

A 6 percent increase has been reported by the company in its consolidated net profit at Rs 141.48 crore in the March quarter. Its income from operations grew 40 percent to Rs 2,313.38 crore in January-March 2015-16.

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