YD Murthy, EVP-Finance of NCC spoke to CNBC-TV18 to give an FY21 business outlook. Murthy said they are on track to achieve a topline of Rs 7,700 crore in FY21.

“We are looking at a topline of about Rs 7,700 crore and probably that can be achieved if we do about Rs 5,000 crore in third and fourth quarters and we are on track.”

On business he said things are definitely improving.

He further added, “We have done a topline of nearly Rs 2,800 crore or so, but we are expecting better execution and better topline in the third and fourth quarters. I cannot give you numbers right now because COVID is yet to be contained you have to take it as it comes quarter-on-quarter, but definitely third and fourth quarters will be far better than the first two quarters.”

On order book, Murthy said, “There is a good pick-up in the order book. There is good uptick as far as order award is concerned and there is a good possibility that going forward we may exceed the target of Rs 10,00 crore.”

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(Edited by : Abhishek Jha)

First Published:Nov 25, 2020 4:54 PM IST