NBCC Bags Major ₹172.46 Crore UCO Bank HQ Contract in Kolkata

NBCC (India) Limited, a leading public sector enterprise under the Ministry of Housing and Urban Affairs, has officially announced the receipt of a significant contract from UCO Bank. The awarded project involves the construction of a modern high-rise structure to serve as the bank’s new head office in New Town, Kolkata. The project, valued at ₹172.46 crore excluding GST, falls under the company's normal course of business and aligns with its continued focus on sustainable infrastructure.

Green Building Head Office to be Developed in Kolkata

The construction will incorporate Green Building Rating standards, showcasing NBCC's commitment to eco-friendly design. The order has been awarded by UCO Bank, a domestic entity, and the nature of the work is classified under Project Management Consultancy. As disclosed, there is no involvement of the promoter or group companies in this order, and the transaction does not fall under related party dealings. All details are in accordance with SEBI’s regulatory requirements dated 9 September 2015.

NBCC Q4 FY25 Results 

State-owned NBCC Ltd reported a 29.4% year-on-year rise in net profit to ₹176 crore for the fourth quarter ended 31 March 2025, compared to ₹136 crore in the same period last year. Revenue for the quarter grew 16.2% to ₹4,642.5 crore from ₹3,996.3 crore a year ago. On the operational front, EBITDA rose 19.3% year-on-year to ₹290 crore from ₹243.2 crore, with the EBITDA margin improving slightly to 6.25% from 6.09% in the previous fiscal.

Read More: NBCC Secures ₹518.49 Crore Orders Across Several States!

NBCC Share Price Performance 

As of June 17, 2025, at 12:16 PM, NBCC share price is trading at 121.43 per share, reflecting a decline of 0.67% from the previous closing price. Over the past month, the stock has surged by 4.74%.

Conclusion

The receipt of this work order further enhances NBCC’s infrastructure portfolio and reflects its established position in project management consultancy. The new UCO Bank head office is set to become a landmark in New Town, combining modern architecture with environmentally sustainable practices.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.