NCC (formerly Nagarjuna Construction Company) expects to cross its guidance of fresh orders worth Rs 10,000 crore for this fiscal, the company's Executive Vice President, Finance, YD Murthy told CNBCTV18 in an interview.

Murthy said the company had bagged Rs 5500 crore of orders in the first half of this year and expected order flows to pick up in the next couple of quarters.

He said the company already had Letters of Intent from clients and expected firm commitments from them starting this month.

Murthy said execution of projects was at 65-70 percent of pre-COVID levels during the quarter ended September. He expected it to further rise to 90 percent in October.

Watch video for more.

First Published:Oct 2, 2020 8:00 PM IST