HCC Q4 Net Profit Jumps Despite Drop in Revenue
Hindustan Construction Company (HCC) reported a significant rise in its standalone net profit at ₹228.3 crore in Q4 FY25, up from ₹38.8 crore in the same quarter last year. However, standalone revenue declined to ₹1,330.2 crore from ₹1,428.4 crore in Q4 FY24.
For the full financial year, HCC's standalone net profit dropped to ₹84.9 crore from ₹178.6 crore in FY24. Revenue also dipped to ₹4,801.1 crore from ₹5,042.8 crore last year.
On a consolidated basis, Q4 FY25 revenue fell to ₹1,373.7 crore from ₹1,773.1 crore, and FY25 revenue dropped to ₹5,603.4 crore from ₹7,006.8 crore, largely due to the divestment of its Swiss subsidiary Steiner AG. Consolidated net profit stood at ₹90.1 crore in Q4 and ₹112.6 crore for FY25, compared to ₹245.9 crore and ₹478.2 crore, respectively, in the previous year.
Arjun Dhawan, Vice Chairman, HCC, said, “HCC commenced its 100th year by celebrating the completion of an Atomic Power Project in Rajasthan, the Anji Khad Cable Stay Bridge that boasts India’s highest pylon (198 m), India’s second longest railway tunnel in J&K, and HCC’s fourth contribution to the Delhi Metro network, besides the Mumbai Coastal Road which has changed the lives of many in our home city. We continue the proud legacy of nation building by our forebears while staying true to our commitments on safety, quality and sustainability.”
HCC secured three contracts worth ₹5,692.6 crore with JV partners (HCC’s share ₹3,472 crore) during the financial year. The company is also the lowest bidder in projects worth ₹3,513 crore, where contracts are yet to be signed. Furthermore, HCC has submitted bids worth ₹30,950 crore, which are under evaluation.
During the year, HCC completed a ₹350 crore Rights Issue in Apr’24 and a ₹600 crore QIP in Dec’24. As part of its ongoing efforts to accelerate the deleveraging process, the company continues to prepay debt, which is recognized by HCC’s investment grade ratings.
In FY25, HCC achieved significant milestones with the receipt of completion certificates for five major projects: Rajasthan Atomic Power Project – Units 7 & 8, the Integrated Nuclear Recycle Plant (INRP) of BARC at Tarapur, the Anji Khad Cable Stay Bridge, the T49A tunnel project in Jammu & Kashmir, and Delhi Metro’s DC06 package. In February 2025, trial runs commenced for Phase 2 of the Mumbai Metro Line 3, marking another key milestone. In April 2025, the Company successfully synchronized Unit 6 (250 MW) of the Tehri Pumped Storage Project in Uttarakhand.
Additionally, the Vishnugad Pipalkoti Hydropower Project has completed 5.8 km of TBM tunneling out of a total 12.1 km. Two other marquee projects, the Mumbai Coastal Road and the Parwan Dam in Rajasthan, are nearing final completion.
