Hindustan Construction Company reports 29% fall in Q3 net profit

Hindustan Construction Company has reported results for third quarter ended December 31, 2015.

The company has reported 28.59% fall in its net profit at Rs 19.38 crore for the quarter ended December 31, 2015 as compared to Rs 27.14 crore for the same quarter in the previous year. The company’s total income has decreased by 4.02% to Rs 1080.98 crore for the quarter under review from Rs 1126.27 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.