HCC Q3 Outcomes: Firm posts consolidated lack of Rs 39 crore

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Hindustan Development Firm (HCC) on Thursday reported a consolidated lack of Rs 38.92 crore within the December quarter of 2024, largely on account of change in tax regime. The corporate had clocked a internet lack of Rs 233.22 crore within the year-ago interval, the corporate stated in a regulatory submitting.

Its whole revenue within the third quarter of the continued fiscal declined to Rs 1,066.16 crore, as in opposition to Rs 1,512.37 crore within the corresponding interval of the final fiscal.

Whole bills additionally declined to Rs 1,309.89 crore within the interval underneath overview, from Rs 1,412.50 crore within the year-ago interval.

The corporate in an announcement stated its order ebook stood at Rs 9.758 crore as of December 31, 2024.

HCC stated it efficiently raised Rs 600 crore by way of a Certified Institutional Placement in Q3 FY25.

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HCC Ltd serves infrastructure sectors like transportation, energy and water.

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