Hindustan Construction Company experienced a downturn as net profit fell from Rs 47.78 crore a year ago to Rs 22 crore, with quarterly expenses also dropping to Rs 889.98 crore. Despite weaker earnings, operational activity persisted across major infrastructure sites, including ongoing construction at the Bhivpuri Pumped Storage Project and Agardanda Creek Bridge. To navigate these market challenges, the company secured fresh contracts and named an experienced sector veteran as its incoming executive leader.
Key points
The firm secured a Rs 524 crore order and holds lowest-bidder status on projects totaling…: The firm secured a Rs 524 crore order and holds lowest-bidder status on projects totaling Rs 2,010 crore.
More than Rs 34,805 crore worth of submitted bids are currently under formal evaluation f…: More than Rs 34,805 crore worth of submitted bids are currently under formal evaluation for potential awards.
Vivek Singhal was appointed Chief Executive Officer effective November 5, 2026, bringing…: Vivek Singhal was appointed Chief Executive Officer effective November 5, 2026, bringing over 40 years of infrastructure experience.
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The company had logged a net profit of Rs 47.78 crore in the year-ago period, HCC said in a regulatory filing.
Income declined to Rs 925.15 crore from Rs 983.25 crore a year ago. Expenses also fell to Rs 889.98 crore from Rs 938.72 crore.
The company said that during the quarter, it secured an order worth Rs 524 crore and emerged as the lowest bidder for projects valued at Rs 2,010 crore with HCC's share at Rs 1,557 crore.
In addition, submitted bids worth Rs 34,805 crore remain under evaluation. HCC said that in the transportation sector, factory acceptance tests for the first Tunnel Boring Machine (TBM) were completed for both Indore and Patna Metro projects, with two TBMs successfully lowered at Indore.
At the Agardanda Creek Bridge, work progressed on the foundations and construction of bridge segments.
In the power segment, excavation and steel liner fabrication progressed at the Bhivpuri Pumped Storage Project.
The company also announced the appointment of Vivek Singhal as Chief Executive Officer, effective November 5, 2026.
Singhal brings over four decades of experience in…
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