IndustryLatest Stories

HCC Q4 FY26 Net Profit Falls 34.56% to ₹59 Crore

NEW DELHI: Hindustan Construction Company (HCC) announced a 34.56% drop in consolidated net profit, reporting Rs 59 crore for the quarter ending March 2026. In the same period last year, the profit was Rs 90.08 crore, as detailed in a BSE filing. The company’s total income for the quarter was Rs 1,017.51 crore, compared to Rs 1,392.20 crore a year prior. Total expenses decreased to Rs 931.28 crore from Rs 1,077.91 crore in the previous year. For the full fiscal year 2025-26, HCC recorded a consolidated net profit of Rs 165.52 crore, up from Rs 112.63 crore in FY25. The…

InfrastructureLatest Stories

PM Launches Final Phase of Mumbai Metro Line 3

MUMBAI: On Wednesday, Prime Minister Narendra Modi officially launched the final segment of the Mumbai Metro Line-3, connecting Acharya Atre Chowk to Cuffe Parade—a pivotal development in the city’s infrastructure. The 10.99-km ‘Phase 2B’ is part of Mumbai’s first fully underground metro corridor, the Aqua Line, which spans a total length of 33.5 km, and will be fully operational from Thursday. The prime minister inaugurated this segment virtually from Navi Mumbai, where he also opened the Navi Mumbai International Airport. According to the Mumbai Metro Rail Corporation (MMRC), services across the complete underground corridor, stretching from Cuffe Parade in South…