Hindustan Construction Company Ltd's Q3FY25 Quarterly Results

Result Summary

• Hindustan Construction Company Ltd reported a 25.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 29.5%.
• Its expenses for the quarter were down by 3.0% QoQ and 7.3% YoY.
• The net profit decreased 160.9% QoQ and decreased 121.3% YoY.
• The earnings per share (EPS) of Hindustan Construction Company Ltd declined at 0.2 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Hindustan Construction Company Ltd is a prominent player in the construction sector, primarily involved in infrastructure projects such as engineering and construction of dams, bridges, tunnels, power plants, and highways. The company operates within the broader construction industry, which is integral to national development due to its role in building essential infrastructure. As of the latest data available, there are no specific recent major developments noted for Hindustan Construction Company Ltd. The company typically engages in large-scale projects and has been a significant contributor to various high-profile infrastructure developments across the country.

Revenue

During the third quarter of the fiscal year 2025 (Q3FY25), Hindustan Construction Company Ltd reported a total income of ₹1066.16 crores. This represents a sequential decline of 25.6% from the previous quarter (Q2FY25), where the total income was ₹1432.41 crores. Year-over-year, the total income decreased by 29.5% compared to ₹1512.30 crores recorded in the third quarter of the fiscal year 2024 (Q3FY24). The downward trend in revenue both on a quarterly and annual basis highlights a significant change in the company's revenue-generating activities during this period.

Profitability

In terms of profitability, the company reported a profit before tax of ₹285.92 crores for Q3FY25, which shows a substantial increase of 247.3% compared to the previous quarter's pre-tax profit of ₹82.32 crores. However, this figure is slightly lower when compared to the same quarter in the previous year (Q3FY24), where the profit before tax was ₹297.80 crores, reflecting a year-over-year decrease of 4.0%. The tax expenditure for Q3FY25 was ₹272.57 crores, significantly higher than both Q2FY25 and Q3FY24, resulting in a profit after tax of -₹38.92 crores. This contrasts sharply with a profit after tax of ₹63.93 crores in Q2FY25 and ₹182.30 crores in Q3FY24, marking a decline of 160.9% quarter-over-quarter and 121.3% year-over-year. The earnings per share echoed this trend, registering at -₹0.20 in Q3FY25, down from ₹0.40 in the previous quarter and ₹1.20 in the same quarter last year.

Operating Metrics

The total expenses for Hindustan Construction Company Ltd in Q3FY25 stood at ₹1309.89 crores, indicating a 3.0% reduction from Q2FY25 where expenses were ₹1350.09 crores. When compared to Q3FY24, there is a 7.3% decline from ₹1412.43 crores. These figures reflect a decrease in operational costs on both a quarterly and annual basis. While specific operating metrics such as the P/E ratio, debt-to-equity ratio, and current ratio are not provided in the data, the financial performance indicates a higher tax liability impacting the net profitability. The company's ability to manage expenses while facing reduced income levels over the periods noted is a critical aspect of its financial operations this quarter.