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Hindustan Construction reports 79% fall in Q2 net profit

31 Oct 2014 Evaluate

Hindustan Construction Company has reported results for second quarter ended September 30, 2014.

The company has registered 78.61% fall in its net profit at Rs 6.76 crore for the quarter under review as compared to Rs 31.60 crore for the same quarter in the previous year. Total income of the company has decreased 4.24% at Rs 962.71 crore for Q2FY15 as compared Rs 1005.35 crore for the corresponding quarter previous year.

Hindustan Construction Company (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 3845.00
Kalpataru Projects 1397.60
NCC 133.45
Rail Vikas Nigam 207.00
KEC International 395.45
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