Home/Business/NBCC Targets ₹18,000 Cr Revenue by FY27

NBCC Targets ₹18,000 Cr Revenue by FY27

Business
By ThePip Desk•
Add as a preferred source on Google
NBCC Aims for Rs 18,000 Crore Revenue by FY27

NBCC Aims for Rs 18,000 Crore Revenue by FY27

Key Highlights

NBCC aims for ₹18,000 Cr revenue by FY27, up from ₹14,000 Cr in FY26. Project approval delays push redevelopment into FY27, impacting revenue. Read more!

NBCC is targeting a revenue of Rs 18,000 crore in FY27, according to its Managing Director, Mahadevaswamy. This represents an increase from the Rs 14,000 crore the state-run property developer expects to record in FY26.

Mahadevaswamy stated that delays in approvals have pushed several redevelopment projects into FY27, which has subsequently impacted revenue generation for the company.