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NBCC signs MoUs with West Bengal government for multiple projects

13-Nov-2026 | 07:27
NBCC (India) announced that it has signed Memorandums of Understanding (MoUs) with the Department of Urban Development & Municipal Affairs, Government of West Bengal, and its various authorities to undertake multiple projects across the state.

The projects include redevelopment of the College Street area and China Town at Tangra, riverfront development at Chandannagar, redevelopment of government housing in the BMC area, construction of public toilets in various urban areas and development of river ghats at Howrah and Nabadwip.

The company will execute the projects on a deposit work basis and will receive the actual project cost along with agency charges of 5%, excluding GST. The project cost and other details will be provided in due course.

NBCC (India) operates in three major segments project management consultancy, real estate, and engineering procurement & construction.

On the financial front, the company?s consolidated net profit rose 17.18% to Rs 154.83 crore in Q1 FY27 from Rs 132.13 crore in Q1 FY26. Sales declined 5.51% to Rs 2,259.53 crore in Q1 FY27 from Rs 2,391.19 crore in the corresponding quarter of the previous year.

Shares of NBCC (India) shed 0.31% to close at Rs 80.40 on the BSE.

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