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India's Hindustan Construction Co Sept-qtr profit almost halves


Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Hindustan Construction Company Ltd ::Sept quarter profit 116 million rupees versus 230.8 million rupees last year.Sept quarter income from operations 9.71 billion rupees versus 9.11 billion rupees last year.Sept quarter order book at 215.23 billion rupees.Volatility in banking sector delayed securing of limits for project working capital and CCEA receivables‍​.Expect pick up in project execution of order backlog, faster receipt of arbitration award receivables in coming qtrs.Expect material reduction in finance cost in coming qtrs. 

Company Quote

38.15
-0.95 -2.43%
17 Jan 2018