Hindustan Construction Company registers net profit of Rs 311 cr for Q4FY20

New Delhi: Mumbai-based Hindustan Construction Company registered consolidated net profit of Rs 311 crore  in the fourth quarter of the 2019-20 fiscal as compared to a net loss of Rs 883 crore in the same quarter of the previous fiscal. 

The consolidated revenue from operations dropped marginally to Rs 2,334 crore in the fourth quarter of fiscal 2019-20 as compared to Rs 2,386 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing.

The company’s consolidated net profit stood at Rs 197 crore for the whole fiscal 2019-20 as compared to a net loss of Rs 49 crore in the previous fiscal. 

The consolidated revenue from operations fell 11 percent to Rs 9,437 crore in the whole fiscal 2019-20 as compared to Rs 10,543 crore in the previous fiscal. 

The consolidated total expenses of the company fell to Rs 2,366 crore in the fourth quarter of the last fiscal as compared to Rs 2,752 crore in the corresponding quarter of the previous fiscal. The consolidated total expenses of the company dropped to Rs 9568 crore in the last fiscal as compared to Rs 10,597 crore in the previous fiscal.

 

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