Hindustan Construction Company Narrows Loss to ₹38.92 Crore in Q3 FY25

Hindustan Construction Company (HCC) on Thursday reported a consolidated net loss of ₹38.92 crore for the third quarter ending December 31, 2024. The company attributed the loss primarily to a change in the tax regime.

However, this marks a significant improvement from the ₹233.22 crore net loss recorded in the same quarter last year, according to the company’s regulatory filing.

Decline in Revenue and Expenses

HCC’s total income in Q3 FY25 declined to ₹1,066.16 crore, compared to ₹1,512.37 crore in the corresponding quarter of the previous fiscal.

Similarly, the company’s total expenses dropped to ₹1,309.89 crore, down from ₹1,412.50 crore in Q3 FY24. The reduction in expenses reflects ongoing cost optimisation efforts despite a decline in revenue.

Strong Order Book

As of December 31, 2024, HCC reported an order book worth ₹9,758 crore. The company remains optimistic about leveraging this strong pipeline to drive future growth and stability.

Fundraising of ₹600 Crore

To bolster its financial position and support expansion initiatives, HCC successfully raised ₹600 crore through a Qualified Institutional Placement (QIP) during the third quarter of FY25.

This capital infusion is expected to provide greater financial flexibility, enabling HCC to pursue strategic projects and enhance operational efficiency.

Stock Performance 

On February 14, 2025, HCC share price traded 3.94% lower at ₹27.28 at 9:57 AM (IST). HCC’s share price reached a 52-week high of ₹57.46 on July 26, 2024, and a 52-week low of ₹26.60 on February 14, 2024. As per BSE, the total traded volume for the stock stood at 14.42 lakh shares with a turnover of ₹3.90 crores.

At the current price, HCC shares are trading at a price-to-earnings (P/E) ratio of -47.03x, based on its trailing 12-month earnings per share (EPS) of ₹-0.58, and a price-to-book (P/B) ratio of 3.71, according to exchange data.

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