Comments
Shares of Hindustan Construction Company (HCC) today slumped nearly 7 per cent after the company reported a four per cent decline in standalone net profit for the quarter ended March 31, 2017.
The stock tumbled 6.78 per cent to Rs 43.30 on the BSE.
On the NSE, the stock tanked 6.78 per cent at Rs 43.30.
HCC had yesterday posted a four per cent decline in standalone net profit at Rs 20.9 crore for the March quarter.
The company had reported a net profit of Rs 21.81 crore in the year-ago period, HCC said in a filing to the BSE.
However, total income increased to Rs 1,428.86 crore, from Rs 1,250.08 crore in the same quarter of the previous fiscal.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.