Hindustan Construction Company reports over fivefold jump in Q2 net profit

Hindustan Construction Company (HCC) has reported results for second quarter ended September 30, 2015.

The company has reported over fivefold jump in its net profit at Rs 38.44 crore for the quarter ended September 30, 2015 as compared to Rs 6.76 crore for the same quarter in the previous year. The company’s total income has increased 1.77% to Rs 979.79 crore for the quarter under review from Rs 962.71 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.