HCC Q2 net profit zooms 129% to Rs 319 cr, income drops to Rs 2,515 cr
Hindustan Construction Company (HCC) on Thursday reported a 129 per cent rise in consolidated net profit at Rs 319.03 crore for the quarter ended September 30, 2022, on the back of improved operational efficiencies.
The company had posted a consolidated net profit of Rs 139.23 crore in the year-ago period, HCC said in a filing to BSE.
However, the consolidated income of company during July-September period dropped to Rs 2,515.15 crore, from Rs 2,834.84 crore in the year-ago period, the filing said.
The consolidated expenses of HCC declined to Rs 2,423.88 crore, as against Rs 2,736.23 crore earlier.
