Hindustan Construction Company Thursday posted a 68.3 per cent decline in standalone net profit at Rs 9.91 crore for the quarter ended December 31, 2018.
The company had posted a net profit of Rs 31.31 crore in the year-ago period, HCC said in a filing to BSE.
Total income during October-December 2018 fell to Rs 1,125.9 crore from Rs 1,293.01 crore in the year-ago period.
"We have infused substantial liquidity and strengthened our working capital position despite tight credit conditions across the economy, and particularly within the infrastructure sector," Director and Group CEO Arjun Dhawan said,
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