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
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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.