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HCC Q3 turnover up 8.7% to Rs1,027 crore

Hindustan Construction Company Limited (HCC) has reported turnover of Rs1,027.5 crore for Q3 ended December 31, 2010, registering an increase of 8.7% against Rs945 crore in the corresponding period last year.

The company reported PAT of Rs7.9 crore. This is net off Foreign Exchange loss of Rs6.1 crore (Rs2.7 crore profit during same period last year) and Rs2.8 crore of tax liability of earlier quarters. The company achieved EBITDA margins of 12.6%. EBITDA is reported up by 7.4% at Rs125.9 crore against Rs117.2 crore last year.
The company’s order book stands at Rs18,505 crore as on December 31, 2010 against Rs15,703 crore in the corresponding period last year.

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