State-owned company NBCC Ltd on Friday 20 December announced securing new orders worth Rs 300 crore.

One of the orders is from Oil India Ltd for constructing a new OIL hospital in Duliajan on a turnkey basis for a total consideration of Rs 200.60 crore under the depository works mode.

Moreover, the wholly-owned subsidiary of the company, HSCC (India) Ltd has announced securing an order to set up an e-library as a unified platform for students and faculty of 22 government medical colleges and three dental colleges under the Medical Education Department, Maharashtra for a total consideration of Rs 98.17 crore.

Earlier during December, the company secured orders worth Rs 600 crore, wherein the first order was for establishing and operating of Hinduhridaysamrat Balasaheb Thackeray Aapla Dawakhana in Maharashtra worth Rs 259.35 crore.

The second order is for establishing a Radiation Oncology Unit on turnkey basis at District Jalna, Ratnagiri, Baramati and Dharashiv in Maharashtra.

NBCC announced its September quarter results, showing growth in certain areas year-on-year, though margins declined compared to the previous year.

The company’s net profit surged 52.8% to Rs 125.1 crore, up from Rs 81.9 crore in the same period last year, with revenue reaching Rs 2,458.7 crore.

Earnings Before Interest, Tax, Depreciation, and Amortisation (EBITDA) increased by 4.6% year-on-year to Rs 100 crore for the quarter. However, the EBITDA margin contracted by 50 basis points to 4.1%, down from 4.6% in the corresponding quarter of the previous year.

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