HCC October-December consolidated net falls 47%, margins rise 492 bps

Hindustan Construction Co Ltd's consolidated net profit slumped 46.9% on year in the December quarter to 1.19 bln rupees. In Jul-Sep, the company had posted a net loss of 4.77 bln rupees. Revenue from operations rose 2.2% on year, and 32.9% sequentially, to 24.06 bln rupees.