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Hindustan Construction reports net loss of Rs 50.26 crore in Q4FY13

03 May 2013 Evaluate

Hindustan Construction Company has reported results for the fourth quarter & year ended March 31, 2013.

The company, on standalone basis, has reported a net loss of Rs 50.26 crore in Q4FY13 as compared to net loss of Rs 54.17 crore in the same quarter previous year. The total income from operation of the company declined 14.94% to Rs 982.97 crore as compared to Rs 1155.67 crore in corresponding quarter last year.

For the full year, the company has reported a net loss of Rs 137.64 crore for the year ended March 31, 2013, as compared to a net loss of Rs 222.25 crore for the year ended March 31, 2012. Total income has decreased to Rs 3832.29 crore in FY13 from Rs 3988.23 crore in FY12, down by 3.91%.

 

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