Hindustan Construction Company (HCC) disclosed a sharp rise in standalone net profit for the quarter ended September 2015. During the quarter, the profit of the company rose 5.69 times to Rs 384.40 million from Rs 67.60 million in the same quarter last year.
Revenues for the quarter rose marginally 1.77% to Rs 9,797.90 million, compared with Rs 9,627 million for the prior year period.
Operating margin for the quarter stood at 18.66 percent as compared to 18.29 percent for the previous year period. Operating Income for the quarter was Rs 1,828.70 million, compared with Rs 1760.4 million in the previous year period.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 15 | Sep - 14 | %Change |
| Revenues | 9,797.90 | 9,627.10 | 1.77 |
| Net Profit | 384.40 | 67.60 | 468.64 |
| Diluted EPS | NA | NA | |
Shares of the company gained Rs 0.25, or 0.92%, to settle at Rs 27.30. The total volume of shares traded was 753,616 at the BSE (Thursday).
