NCC is reportedly eying to achieve top line of over Rs 10,000 core on consolidated basis, of which Rs 9,000 crore would be on a standalone basis, during the current financial year on expectation of better performance in second half. The company has received a tad over Rs 8,900 crore worth of fresh orders during the first seven months of FY17, as against a targeted order inflow of Rs 12,000 crore for the whole year.
The company’s revenue in first six month of 2016 stood at Rs 3,901 crore, a marginal decline compared to Rs 4,135 crore in the corresponding six-month period the previous year.
NCC is engaged in development of real estate. The company’s projects stand on credentials of its work in various sectors such as Housing, Transportation, Power, water, Metals and Oil and gas.
