HCC Net Profit Declines 49% To Rs 157 Crore In March Quarter

Hindustan Construction Company (HCC) announced its January-March quarter results for the financial year 2020-21, reporting a net profit of Rs 157.28 crore, down 49 per cent on a year-on-year basis. The Mumbai-headquartered construction company reported a net profit of Rs 311.38 crore in the corresponding period of the previous fiscal, according to a regulatory filing by the firm to the stock exchanges.