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Hindustan Construction reports 41% rise in Q1 net profit

31 Jul 2014 Evaluate

Hindustan Construction Company (HCC) has reported results for first quarter ended June 30, 2014.

The company’s net profit has surged by 40.93% at Rs 27.10 crore as compared to Rs 19.23 crore for the quarter ended June 30, 2013. However, the company’s total income from operations has decreased by 9.23% to Rs 1043.48 crore for the quarter under review from Rs 1149.56 crore for the corresponding quarter of the previous year.

HCC is a leader in engineering and construction space. The company has established a vast presence and gained recognition in the sectors of Hydro Power, Water Solutions, Transportation and Nuclear Power.

Peers
Company Name CMP
Larsen & Toubro 3879.00
Kalpataru Projects 1391.05
NCC 132.85
Rail Vikas Nigam 206.80
KEC International 396.95
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