Blackstone-Backed NCC Targets $1.6 Billion of Sales This Year
By -
Jun 7, 2011
NCC Ltd., an Indian builder of roads and irrigation projects backed by Blackstone Group LP, expects revenue to grow about 15 percent to 72 billion rupees ($1.6 billion) this year as changes in land acquisition norms may help overcome delays, Executive Vice President Y.D. Murthy said in an interview.
The Hyderabad-based company expects orders worth 140 billion rupees in the year ending March 31, he said.
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