HCC profit drops 29% to Rs 19 cr         

HCC profit drops 29% to Rs 19 cr         

FPJ BureauUpdated: Friday, May 31, 2019, 06:38 PM IST
article-image

New Delhi: Infrastructure major Hindustan Construction Company (HCC) reported 28.5% dip in standalone net profit at Rs 19.38 crore for the quarter ended December.

“We are seeing a revival in infrastructure sector with an enhanced capital expenditure commitment by the government, aptly reflected in the order book of HCC,” Group Chief Financial Officer Praveen Sood said.

RECENT STORIES

Lenskart Share Price Jumps 12% To Record High Of ₹526, Q3 Profit Surges Multifold To ₹133 Crore...
Lenskart Share Price Jumps 12% To Record High Of ₹526, Q3 Profit Surges Multifold To ₹133 Crore...
Aye Finance IPO Closes With 97% Subscription, QIB Portion 1.5x Oversubscribed
Aye Finance IPO Closes With 97% Subscription, QIB Portion 1.5x Oversubscribed
Lost Gold Worth ₹18 Lakh Leads To ₹43 Lakh Payout After 12-Year Legal Fight, Delhi Commission...
Lost Gold Worth ₹18 Lakh Leads To ₹43 Lakh Payout After 12-Year Legal Fight, Delhi Commission...
Bombay Dyeing Posts ₹9.85 Crore Consolidated Loss In Q3 FY26, Revenue Falls 22% To ₹324 Crore
Bombay Dyeing Posts ₹9.85 Crore Consolidated Loss In Q3 FY26, Revenue Falls 22% To ₹324 Crore
Madhya Pradesh Leaders Call Bharat Bandh 'Politically Motivated' Amid Nationwide Strike Call
Madhya Pradesh Leaders Call Bharat Bandh 'Politically Motivated' Amid Nationwide Strike Call