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

Finance Minister Nirmala Sitharaman To Delineate FY27 Budget’s Strategic Roadmap To RBI Central...
Finance Minister Nirmala Sitharaman To Delineate FY27 Budget’s Strategic Roadmap To RBI Central...
Pakistan Ranked 150th In Index Of Economic Freedom, Classified As ‘Repressed’ Economy
Pakistan Ranked 150th In Index Of Economic Freedom, Classified As ‘Repressed’ Economy
Titan Q3 FY26 Profit Jumps 61% To ₹1,684 Crore, Revenue Surges 43% On Festive Boost
Titan Q3 FY26 Profit Jumps 61% To ₹1,684 Crore, Revenue Surges 43% On Festive Boost
Reliance Consumer Products Acquires Southern Health Foods To Strengthen Millet-Based Foods Portfolio
Reliance Consumer Products Acquires Southern Health Foods To Strengthen Millet-Based Foods Portfolio
Rupee Gains 9 Paise To Close At 90.57 Against US Dollar On Equity Strength
Rupee Gains 9 Paise To Close At 90.57 Against US Dollar On Equity Strength