Hindustan Construction’s Q1 net profit down 70 percent

Sarkaritel
By Sarkaritel July 31, 2015 10:55

Hindustan Construction’s Q1 net profit down 70 percent


Mumbai, July 31  Hindustan Construction on Thursday reported a 70 percent fall in its net profit for the first quarter of the current fiscal.

According to the company, its net profit stood at Rs.8.02 crore in the quarter under review from Rs.27.10 crore for the quarter ended June 30, 2014.

The company’s total income in the quarter ended June 30, 2015 decreased by 6.09 percent at Rs.957.58 crore from Rs.1,019.68 crore in the previous corresponding quarter.

The company’s scrip at the Bombay Stock Exchange (BSE) declined by 0.23 percent on Thursday and stood at Rs.22.10 from its previous close of Rs.22.15 per equity share.

Sarkaritel
By Sarkaritel July 31, 2015 10:55