Hindustan Construction Company

HCC shares jump 5% on executing ₹3,364-cr corporate guarantee to its unit

HCC shares rose 5 per cent after it said that it executed a ₹3,364 crore reduction in corporate guarantee to its associate company Prolific Resolution Pvt. Ltd.

Hindustan Construction zooms 14% on fixing record date for rights issue

The company's board approved raising ₹1,000 crore by way of a rights Issue in a meeting on November 26, 2025

HCC, KRCL join hands to execute transport projects in India, overseas

Hindustan Construction Company Ltd (HCC) on Tuesday said it has signed an agreement with Konkan Railway Corporation Ltd (KRCL) to jointly execute large-scale railway and multi-modal transport infrastructure projects across India and international markets. The company in a statement said the MoU establishes a framework for long-term collaboration that brings together complementary strengths of both organisations. Together, the partners will deliver integrated, end-to-end solutions across the full spectrum of transport infrastructure, including civil works, track laying, signalling, electrification, MEP systems, operations and maintenance, and other critical components of modern transport networks, it added. According to the statement, the partnership will particularly focus on complex assignments such as underground and elevated metro systems, NATM tunnelling, railway bridges, and large-scale EPC contracts. Commenting on the development, Arjun Dhawan, Vice Chairman & Managing ...

Hindustan Construction MD Jaspreet Bhullar resigns with immediate effect

Hindustan Construction Company on Monday announced its managing director and chief executive Jaspreet Bhullar has quit with immediate effect. The company, however, did not disclose the reasons for the resignation. Bhullar sent his resignation letter to company chairman Ajit Gulabchand in the afternoon, and the same was accepted by the board later in the day, as per an exchange filing. "The Board ...has accepted his request for relieving him with effect from close of business hours of June 23, 2025," the filing said. Bhullar was appointed as the chief executive of the company in 2023 and given a five year term. He had joined the company from the Brookfield-run Multiplex Constructions India. The HCC scrip closed 1.02 per cent down at Rs 30.08 a piece on the BSE on Monday, as against a 0.62 per cent fall in the benchmark index.

HCC Q4 results: Net profit drops 63% to Rs 90 cr, secures new contracts

Hindustan Construction Company (HCC) on Thursday reported a 63.37 per cent decline in consolidated net profit to Rs 90.08 crore for the quarter ended March 2025. The company had clocked a profit of Rs 245.23 crore in the year-ago period, it said in a BSE filing. Its total income during the quarter under review stood at Rs 1,392.20 crore compared to Rs 1,813.05 crore a year ago. The company's total expenses declined to Rs 1,077.91 crore from Rs 2,073.33 crore a year earlier. For the entire 2024-25, it logged a consolidated net profit of Rs 112.63 crore. It had posted a net profit of Rs 478.16 crore in FY24. HCC, in a statement, said it has secured three contracts worth Rs 5,692.6 crore with JV partners (HCC's share at Rs 3,472 crore) during the financial year. The company is also the lowest bidder in projects worth Rs 3,513 crore, where contracts are yet to be signed. Furthermore, HCC has submitted bids worth Rs 30,950 crore, which are under evaluation, it added. During the year,

HCC shares zooms 15% as JV bags ₹2,470-cr order from Tata Power

HCC and Tata Projects Limited in a 50:50 Joint Venture have been awarded a ₹2,470 crore contract by Tata Power Company Limited

This Smallcap stock tanks 6%, hit 52-week low on February 14; details here

HCC posted a loss of Rs 216 crore in the December quarter of FY25, as against a profit of Rs 68.5 crore in the same quarter a year ago

HCC Q1 result: Firm reports Rs 2.5 crore loss; revenue falls 5.73%

Company plans to raise up to Rs 600 crore via QIP

HCC Q4 results: PAT rises 22% to Rs 246 cr, total income at Rs 1,813 cr

Hindustan Construction Company (HCC) on Friday reported 22.12 per cent rise in consolidated net profit at Rs 246.2 crore for the quarter ended March 2024. The company had clocked a profit of Rs 201.6 crore in the year-ago period, it said in a BSE filing. Total income during the quarter under review stood at Rs 1,813.05 crore compared to Rs 2,437.23 crore a year ago. Total expenses declined to Rs 2,073.33 crore from 2,398.69 crore earlier. For the entire 2023-24, it logged a consolidated net profit of Rs 529.42 crore. It had incurred a net loss of Rs 52.51 crore in FY23. "We will settle for nothing less than rapid growth of our order backlog in FY25, with no compromise on quality and profitability," HCC vice chairman Arjun Dhawan said. The company in a statement said it completed the Nikachhu Hydropower project in Bhutan in March 2024. In Mumbai, the company installed two arch bridges, connecting the Coastal Road to Bandra Worli Sea link. In NH34 package 3 in West Bengal, all wor

Hindustan Construction's Rs 350 crore rights issue oversubscribed 2.5 times

Hindustan Construction Company Limited (HCC) on Friday said its rights issue has been oversubscribed by 250 per cent, with the company receiving applications worth Rs 877 crore against an issue size of Rs 350 crore. The company, in a statement, said it has retained an amount of Rs 350 crore, corresponding to 100 per cent of the rights issue size, with the balance being refunded to investors. Equity shares have been allotted to the applicants as per the basis of allotment finalised with the designated stock exchange BSE Limited, it added. HCC Vice Chairman Arjun Dhawan said, "We are grateful to our shareholders for their overwhelming support as we chart a new chapter in HCC's growth". Through the rights issue, the company said the number of shares in HCC has increased by 16,66,66,666 - from 1,51,30,28,244 to 1,67,96,94,910, and the paid-up share capital has increased by Rs 17 crore - from Rs 151 crore to Rs 168 crore. The lead manager for the rights issue was IDBI Capital Markets &

Hindustan Construction Company divests entire equity shareholding in HREL

Hindustan Construction Company (HCC) on Sunday said it has divested its entire equity shareholding in HREL Real Estate Ltd, a wholly owned subsidiary of the company. Accordingly, HREL and its following subsidiaries -- Nashik Township Developers Ltd, Powai Real Estate Developers Ltd, HCC Aviation Ltd, HCC Realty Ltd have ceased to be subsidiaries of the company, HCC said in a regulatory filing. "Hindustan Construction Company Ltd has divested its entire equity shareholding in HREL Real Estate Ltd, a wholly owned subsidiary of the company vide share purchase agreement executed on March 31, 2024," it said. The consideration received from sale stood at Rs 10 lakh. HCC had reported a consolidated profit of Rs 233.22 crore in the December quarter.

Steiner AG sells its construction arm to Demathieu Bard for Rs 928 cr

Steiner AG, the wholly-owned subsidiary of Hindustan Construction Company (HCC), on Friday said it has concluded the sale of its construction business subsidiary, Steiner Construction SA, to Demathieu Bard for approximately CHF 98 million (Rs 928 crore). Demathieu Bard is an international construction group headquartered in France. HCC in a statement said for 2022-23, Steiner Construction posted a turnover of CHF 347 million (Rs 3,076 crore) and was operating 30 projects. Demathieu Bard Group Managing Director Stphane Monceaux said the acquisition of Steiner Construction SA is a major milestone for the Demathieu Bard Group. "We are strengthening our international presence and consolidating our position as a benchmark company in the construction sector. Demathieu Bard makes its biggest acquisition ever with the integration of Steiner Construction SA," he said. Zurich-headquartered Steiner AG, which was founded in 1915, is a real estate service provider with a focus on project ...

HCC Q4 results: Multifold rise with net profit at Rs 190.66 crore

Hindustan Construction Company (HCC) on Thursday reported a multifold rise in consolidated net profit at Rs 190.66 crore for the quarter ended March 2023. The company had clocked a profit of Rs 30.88 crore in the year-ago period, it said in a BSE filing. Its total income during the quarter under review stood at Rs 3,107.58 crore compared to Rs 2,946.16 crore a year ago. The total expenses increased to Rs 3,077.51 crore from 2,884.35 crore earlier. For the entire 2022-23, the company recorded a consolidated net loss of Rs 26.59 crore. It had posted a net profit of Rs 571.74 crore on a consolidated basis in FY22. HCC Vice Chairman Arjun Dhawan said the completion of the company's debt carve-out process and profitable divestment of concession assets further strengthened its balance sheet and plans for future growth. The company, in a statement, said HCC through a JV secured a contract worth Rs 3,681 crore for the construction of the Bandra Kurla Complex Station for the high-speed bu

HCC, MEI bag Rs 3,681-crore bullet train station project from NHSRC

Hindustan Construction Company Ltd (HCC) in a joint venture with Megha Engineering & Infrastructures Ltd (MEIL) has bagged a Rs 3,681 crore project for construction of a bullet train station, a statement said on Tuesday. The contract was awarded by the National High-Speed Rail Corporation Ltd (NHSRCL) for the construction of the Bandra Kurla Complex Station of the 508.17 km-long Mumbai-Ahmedabad high-speed rail. The Bandra Kurla Complex bullet train station will have six platforms, and each platform is approximately 414 metres, sufficient to accommodate a 16-coach bullet train. The station will have connectivity with the metro and road transport, HCC said in a statement. This station is the only underground station on the Mumbai-Ahmedabad high-speed rail corridor, and it is planned at a depth of about 24 metres below the ground level. The station will have a total of three floors. On Tuesday, shares of the company settled 4.33 per higher at Rs 14.95 apiece on the BSE.

HCC Q2 net profit zooms 129% to Rs 319 cr, income drops to Rs 2,515 cr

Hindustan Construction Company (HCC) on Thursday reported a 129 per cent rise in consolidated net profit at Rs 319.03 crore for the quarter ended September 30, 2022, on the back of improved operational efficiencies. The company had posted a consolidated net profit of Rs 139.23 crore in the year-ago period, HCC said in a filing to BSE. However, the consolidated income of company during July-September period dropped to Rs 2,515.15 crore, from Rs 2,834.84 crore in the year-ago period, the filing said. The consolidated expenses of HCC declined to Rs 2,423.88 crore, as against Rs 2,736.23 crore earlier. HCC's strong operational performance and earnings during the quarter were achieved due to improved operational efficiencies through a leaner and efficient organisational structure, the company said in a statement. HCC successfully concluded its debt resolution plan during the quarter, duly supported by 23 banks and financial institutions. The company said that it has transferred Rs 2,8

HCC's shares jump nearly 20% on completing debt resolution plan

Co to hive off part of debt, receivables to a SPV; to hold 49% stake in SPV

Hindustan Construction Company completes debt resolution plan

Company assigns Rs 2,854.4 cr of lenders' liability and claims of Rs 6,508 cr to an SPV

HCC consolidated net profit declines 80% to Rs 30.88 crore in Q4

Total expenses increased to Rs 2,884.36 crore from Rs 2,618.48 crore earlier

HCC-KEC International bags Rs 1,309 cr order from Chennai Metro Rail

The contract is for the construction of 11.61 kilometres of elevated viaduct section and eleven elevated stations

HCC-VCCL JV wins orders worth Rs 236 cr from Northeast Frontier Railway

HCC's share in the JV is 55 per cent, the company said in a release on Monday