HCC's Q2 FY27 Earnings Hit A Roadblock, Profit Plunges 53% To ₹22.56 Crore Even As ₹34,805 Crore Bid Pipeline Signals Growth Potential
Mumbai: Hindustan Construction Company (HCC) reported a 52.78% year-on-year decline in consolidated net profit to ₹22.56 crore for the September quarter of FY27, as lower income weighed on the infrastructure major's earnings. The engineering and construction company had posted a consolidated net profit of ₹47.78 crore in the corresponding quarter of the previous financial year. Revenue Pressure…
Mumbai-based infrastructure firm Hindustan Construction Company (HCC) disclosed a sharp 53% drop in net profit to ₹22.56 crore for the second quarter of financial year 2027 (FY27), despite a large pipeline of potential projects. The company's total revenue shrank 5.91% to ₹925.15 crore, from ₹983.25 crore a year earlier, while expenses fell 5.19% to ₹889.98 crore.
HCC secured a ₹524 crore contract for new projects, including a share valued at ₹1,557 crore from deals estimated at ₹2,010 crore. Hundreds of billions of rupees worth of bids remain pending. Vivek Singhal, a veteran with four decades of experience in infrastructure, took over as CEO of HCC as of November 5, 2026.
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