JKB Financial Services Ltd.

As on : 25-Aug-2025

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25-Aug-2025 13:21

NBCC (India) to design & build major Rs 3,700-cr project in Rajasthan

The ambitious project, recently approved by the Government of Rajasthan's cabinet, involves the creation of the Rajasthan Mandapam Convention Centre, a Global Capability Centre (GCC) Tower, an IT Tower, luxury hotels, and new commercial and residential infrastructure.

The overall investment for this transformative initiative is estimated at approximately Rs 3,700 crore.

A key highlight of the project is the Rajasthan Mandapam Convention Centre, planned to be developed on a 25-acre land parcel. The convention centre will feature over 2 lakh square meters of built-up area and is designed to accommodate 7,000 to 7,500 seats, aiming to establish itself as a world-class venue for national and international events.

This development is set to boost Rajasthan's infrastructure, enhance business capabilities, and attract investments, reinforcing the state's position as a growing hub for commerce and tourism.

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

The company's consolidated net profit advanced 29.27% to Rs 175.92 crore on a 16.17% rise in revenue from operations to Rs 4,642.55 crore in Q4 FY25 over Q4 FY24.

Shares of NBCC (India) rose 0.77% to Rs 104.35 on the BSE.

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