Hindustan Construction Company Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 14,069.1 million compared to INR 18,325.9 million a year ago. Revenue was INR 14,324.1 million compared to INR 18,707.9 million a year ago. Net income was INR 639.3 million compared to net loss of INR 28 million a year ago. Basic earnings per share from continuing operations was INR 0.38 compared to INR 0.04 a year ago. Diluted earnings per share from continuing operations was INR 0.38 compared to INR 0.04 a year ago. Basic earnings per share was INR 0.38 compared to basic loss per share of INR 0.02 a year ago. Diluted earnings per share was INR 0.38 compared to diluted loss per share of INR 0.02 a year ago.
For the six months, sales was INR 32,228.6 million compared to INR 37,591.1 million a year ago. Revenue was INR 32,680.6 million compared to INR 38,140.2 million a year ago. Net income was INR 614.7 million compared to INR 499.3 million a year ago. Basic earnings per share from continuing operations was INR 0.37 compared to INR 0.32 a year ago. Diluted earnings per share from continuing operations was INR 0.37 compared to INR 0.32 a year ago. Basic earnings per share was INR 0.37 compared to INR 0.32 a year ago. Diluted earnings per share was INR 0.37 compared to INR 0.32 a year ago.
Hindustan Construction Company Limited is an India-based company, which is engaged in providing engineering and construction of services. The Company’s segment includes engineering and construction, real estate, infrastructure, and others. The Company’s core business primarily comprises engineering and construction (E&C) services for large projects across sectors like power (hydro, nuclear, thermal), transportation (roads, bridges, metros, ports), water (irrigation and water supply), and industrial projects. Its transportation projects include construction of highways, roads & bridges, railways, mass rapid transit systems, and ports & harbors. Its power projects include hydro power, nuclear power, and thermal power. Its industrial & buildings projects include manufacturing & process plants, commercial & institutional, and smart cities & townships. Its water projects include water supply & sanitation, and irrigation.
