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Hindustan Construction Company (HCC), has posted a decline in net profit for the Q2 of the current fiscal (FY10). During the said quarter, profit down 72.35% to Rs 5.51 crore from Rs 19.94 crore in the same quarter previous year(FY09).

The company in formed the market that total income has increased by 15.97% to Rs 783.91 crore as compared to Rs 675.98 crore of corresponding quarter of last fiscal (FY08).

HCC is involved in the construction of diverse projects including power, dams, highways, bridges, marine structures, water supply, factories and waste treatment plants.

Hindustan Construction Company’s CMP is Rs 132.15 on 23rd Oct 09.

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