Hindustan Construction Company Ltd reported a marginal increase in consolidated net profit for the first quarter of FY27, with ₹51.1 crore compared to ₹50.7 crore in the corresponding period last year, representing a 0.7% increase. However, the company faced significant revenue and profitability challenges during the quarter. According to latest reports, consolidated revenue from operations declined 9.0% year-on-year to ₹993.4 crore, compared with ₹1,091.3 crore a year earlier. The company's EBITDA fell 41.7% to ₹104.66 crore from ₹179.4 crore in the year-ago quarter, with EBITDA margin narrowing to 10.54% from 16.44%. As per multiple reports, PBDT declined 5% to ₹80.36 crore and PBT increased 1% to ₹74.40 crore during the quarter.
During the quarter, HCC secured a new order worth ₹125 crore and emerged as the lowest bidder (L1) for projects valued at about ₹2,124 crore, with HCC's share at around ₹1,671 crore. According to the latest data, the company reported a work-on-hand (order book) of ₹12,976 crore as of June 30, 2026, compared with ₹12,971 crore as of March 31, 2026, providing healthy revenue visibility. This significant order book provides visibility for future quarters and demonstrates the company's competitive positioning in the market, with bids worth approximately ₹9,997 crore remaining under evaluation indicating strong future revenue potential.
Execution continued across HCC's project portfolio during the quarter with several key achievements. As reported by multiple sources, the company achieved breakthrough of Head Race Tunnel (HRT) Faces 2 and 3 for the 520 megawatt Tapovan Vishnugad Hydroelectric Project. At the 1,000 MW Vishnugad Pipalkoti Hydroelectric Project, the machine hall for Units 1 and 2 was handed over, while HRT excavation reached 85%. In the transportation segment, tunnel boring machine (TBM) deployment commenced at the Indore Metro project alongside piling and station excavation activities. The company also continued execution of the Fast Reactor Fuel Cycle Facility after completing deliveries for Rajasthan Atomic Power Project Units 7 and 8.
Shares of Hindustan Construction Company Ltd ended at ₹21.55, down by ₹0.36, or 1.64%, on the BSE following the results announcement. According to latest market reports, the stock performance came amid positive market sentiment, with the benchmark Nifty 50 index gaining 11.35 points to 24,636.00. The market reaction reflected investor concerns over the 9% revenue decline and significant 41.7% drop in EBITDA despite the marginal profit increase, highlighting investor focus on operational efficiency and profitability metrics over the quarter's results.
