Hindustan Construction Company Ltd Share Price – NSE  / BSE

Infrastructure Developers & Operators, Small Cap

Net profit of Hindustan Construction Company reported to Rs 63.93 crore in the quarter ended September 2024 as against net loss of Rs 2.80 crore during the previous quarter ended September 2023. Sales declined 23.23% to Rs 1406.91 crore in the quarter ended September 2024 as against Rs 1832.59 crore during the previous quarter ended September 2023.

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Net profit of Hindustan Construction Company declined 4.11% to Rs 50.20 crore in the quarter ended September 2024 as against Rs 52.35 crore during the previous quarter ended September 2023. Sales rose 5.64% to Rs 1202.97 crore in the quarter ended September 2024 as against Rs 1138.76 crore during the previous quarter ended September 2023.

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Hindustan Construction Company will hold a meeting of the Board of Directors of the Company on 29 October 2024.

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Hindustan Construction Company (HCC) has been awarded a Rs 1,031.6 crore contract by Maharashtra State Road Development Corp. (MSRDC) for the construction of a two-lane bridge across Agardanda Creek in Raigad District on Revas-Reddi Coastal Highway (MSH-04) in Maharashtra on an EPC mode.

The total length of the Bridge is 4.3 km, consisting of approaches of 45 m on the Agardanda side, 145 m on the Dig hi side, and the main Bridge of 4,120 m. The Bridge is located on the offshore side of Agardanda Jetty and Dighi Port. The project includes two navigation spans with horizontal clearance of 100 m and vertical clearance of 15 m. The Bridge proper consists of a cable-stayed superstructure for navigational spans totalling 420 m with a span configuration of 67.5 m + 142.5 m + 142.5 m + 67.5 m.

Once completed, this project is poised to contribute to enhanced connectivity, reduced travel time and the region's overall economic development. This latest win by HCC is yet another contribution by the company to Maharashtra's infrastructure landscape.

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