NEW DELHI: Hindustan Construction Company (HCC) announced a consolidated net profit of Rs 47.78 crore for the September quarter, reflecting a decline of 25.26%.
In the same period last year, the company reported a profit of Rs 63.93 crore, according to a regulatory filing.
During the July-September timeframe, its consolidated revenue decreased to Rs 983.25 crore from Rs 1,432.41 crore a year prior.
HCC’s consolidated expenses also fell, coming in at Rs 938.72 crore compared to Rs 1,350.09 crore last year.
The company has successfully secured three new orders, including two packages for Patna Metro and an expansion project for Hindalco’s Aluminium smelter, totaling Rs 2,770 crore. Additionally, HCC was the lowest bidder for a project valued at Rs 840 crore.
HCC’s bid pipeline remains strong, estimated at around Rs 57,000 crore, demonstrating solid business momentum and a positive outlook.
