Hindustan Construction Company Limited — Investor Meet, 29-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Hindustan Construction Company (HCC) reported a standalone E&C turnover of ₹1,203 Cr and a net profit of ₹50.2 Cr for Q2 FY25. Consolidated revenue decreased to ₹1,406.9 Cr with a net profit of ₹64 Cr. The company has an order backlog of ₹9,773 Cr and is currently involved in significant projects including the Mumbai Coastal Road and DMRC projects. HCC announced the Agardanda Bridge contract worth ₹1,032 Cr and intends to reduce guarantee on corporate debt.