Hindustan Construction Company is principally engaged in the business of providing engineering and construction services, real estate, infrastructure and urban development and management. It is one of the oldest infrastructure companies in India founded in 1926.
Financial Results:
- Hindustan Construction Company Ltd reported Revenues for Q2FY24 of ₹1,832.59 Crores down from ₹2,257.02 Crore year on year, a fall of 18.8%.
- Total Expenses for Q2FY24 of ₹1,862.59 Crores down from ₹2,195.47 Crores year on year, a fall of 15.16%.
- Consolidated Net Profit of -₹2.79 Crores from ₹319.03 Crores in the same quarter of the previous year.
- The Earnings per Share is -₹0.02, from ₹2.11 in the same quarter of the previous year.