Hindustan Construction Company (HCC) on Thursday reported an 80.36 per cent decline in consolidated net profit at Rs 30.88 crore for the quarter ended March 31, 2022.
The company had clocked a profit of Rs 157.28 crore in the year-ago period, it said in a BSE filing.
Total income during the quarter under review stood at Rs 2,946.16 crore, compared to Rs 2,398.38 crore in the year-ago period.
Total expenses increased to Rs 2,884.36 crore from Rs 2,618.48 crore earlier.
For the full year 2021-22, the company recorded a consolidated net profit of Rs 419.7 crore. It had posted a loss of Rs 610.02 crore on a consolidated basis in 2020-21.
