Expect Rs 30,000-40,000 crore worth of orders in FY19: NBCC

NBCC did not have much to show in their Q3 report card as execution weakens and additional provisions also limit bottomline growth. In an interview with CNBC-TV18, Anoop Kumar Mittal, Chairman of NBCC spoke about the results and his outlook for the company.

All large value projects that I have mentioned have started and some of the revenue has also come in Q3 but not to that extent. Q4 will be definitely far better. Initial three-four months, the project is at the foundation stage, so subsequently the revenue will come, he said.

The present order book is around Rs 80,000 crore and in next one year, I am expecting another Rs 30,000-40,000 crore orders and it will be from the self-revenue generation projects like redevelopment, he added.

For full interview, watch accompanying video...