Hindustan Construction reports 41% rise in Q1 net profit

31 Jul 2014

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.

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