The company clarified that neither its promoters nor members of the promoter group hold any interest in the awarding authority, confirming that the project does not fall under related-party transactions as per regulatory norms.

NCC is engaged in the infrastructure sector, primarily in the construction of industrial and commercial buildings, housing projects, roads, bridges and flyovers, water supply and environment projects, mining, power transmission lines, irrigation and hydrothermal power projects, etc.

The company reported a 5.1% decline in consolidated net profit to Rs 154.70 crore in Q2 FY26, compared to Rs 162.96 crore recorded in Q2 FY25. Revenue from operations also declined 12.6% year-on-year (YoY) to Rs 4,543.01 crore in Q2 FY26.

The counter rose 0.61% to Rs 173.30 on the BSE.