HCC's Q2 consolidated profit falls 53% to ₹22.56 crore
Standalone profit held steady at about ₹37 crore; the infrastructure firm named Vivek Singhal CEO and prepaid ₹100 crore of debt
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Hindustan Construction Company's consolidated net profit fell 52.8% to ₹22.56 crore in July–September, from ₹47.78 crore a year earlier.
On a standalone basis, profit was flat at about ₹36.8 crore, while revenue fell about 6.5% and margins narrowed.
HCC appointed Vivek Singhal as CEO from November 5 and has an order book of ₹12,901 crore.