Hindustan Construction Company consolidated net profit declines 80.37% in the March 2022 quarter

Sales rise 24.06% to Rs 2920.60 crore

Net profit of Hindustan Construction Company declined 80.37% to Rs 30.88 crore in the quarter ended March 2022 as against Rs 157.28 crore during the previous quarter ended March 2021. Sales rose 24.06% to Rs 2920.60 crore in the quarter ended March 2022 as against Rs 2354.18 crore during the previous quarter ended March 2021.

For the full year,net profit reported to Rs 419.65 crore in the year ended March 2022 as against net loss of Rs 610.02 crore during the previous year ended March 2021. Sales rose 29.35% to Rs 10669.73 crore in the year ended March 2022 as against Rs 8248.42 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales2920.602354.18 24 10669.738248.42 29 OPM %13.114.19 -11.184.74 - PBDT114.91104.17 10 538.32-457.81 LP PBT62.1171.33 -13 399.98-593.32 LP NP30.88157.28 -80 419.65-610.02 LP

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