The shares of Infrastructure company, specializing in engineering and construction of infrastructure projects have declined upto 7 percent following the Q3 results with a 400 percent decline in their Profit QoQ.
Price action
With a market capitalization of Rs. 4,834.10 crores on Friday, the shares of Hindustan Construction Company Limited down upto 7 percent making a low of Rs. 26.40 per share compared to its previous closing price of Rs. 28.40 per share.
What Happened
Hindustan Construction Company Limited engaged in engineering and construction of infrastructure projects has announced its Q3 results.
Its Revenue from operations declined by 32 percent YoY from Rs. 1,474 Crores in Q3FY24 to Rs. 1,007 Crores in Q3FY25 and it was down by 28 percent QoQ from Rs. 1,407 Crores in Q2FY25 to Rs. 1,007 Crores in Q3FY25.
It’s Net Profit YoY from a profit of Rs. 233 Crores in Q3FY24 to a loss of Rs. 38.9 Crores in Q3FY25 and in QoQ from a profit of Rs. 63.9 crores Crores in Q2FY25 to a loss of Rs. 38.9 Crores in Q3FY25.
Segment Revenue
The company’s revenue is primarily derived from these categories: In the recent quarter, Engineering and Construction fell from Rs. 1,217.52 crores to Rs. 1,001.10 crores. Real Estate from a profit of Rs. 160.42 to a loss of Rs. 3.05 crore, while Infrastructure increased from Rs. 8.30 crore to Rs. 37.94 crore, and the others category rose from Rs. 0.62 crores to 0.78 crore.
Orderbook Segmentation (Q3 FY25)
The company has an overall order backlog of Rs. 9,773 crores, with 47 percent allocated to Transport (Rs. 4,587.31 crores), 26 percent to Hydro (Rs. 2,540.98 crores), 22 percent to Water (Rs. 2,148.06 crores), and 5 percent to Nuclear (Rs. 488.65 crores).
About the Company
Hindustan Construction Company Limited (HCC) is an Indian construction and infrastructure company with a strong presence in various sectors such as engineering, construction, and real estate. It is known for its expertise in large-scale infrastructure projects, including highways, bridges, and dams and the company operates globally, serving both government and private sectors.
The company has installed 60 percent of India’s nuclear power capacity and has installed 26 percent of India’s hydropower capacity.
Written by Sridhar J
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