Hindustan Construction Company (NSE: HCC) is a leading infrastructure construction company in India. It was founded in 1926 and has completed several major projects in the country. The company has expertise in engineering, construction, and project management across various sectors such as transportation, power, water, and urban infrastructure.
HCC has a strong presence in the hydroelectric power sector with the construction of several dams and hydropower plants. The company also has experience in the construction of highways, expressways, and metro rail projects. In terms of earnings, Revenue from Operations for Q3 FY23 was ₹2,034.8 crore, a 21% decrease from ₹2,580.14 crore in the same period last year. The third quarter’s other income, which contributed ₹11.8 Crore to the Total Revenue. Meanwhile, the Loss Before Tax was down to ₹338.79 Crore from the Profit of ₹93.28 Crore in the same quarter previous year. The Consolidated Net Loss was ₹287.85 crore, compared to Profit of ₹66.24 crore in the same quarter last year. This quarter’s earnings per share was -₹1.71.