HCC has posted a 33.02 percent hike in the net profit for the first quarter ended June 30 to Rs 14.5 crore.
The company has posted a net profit of Rs 10.9 crore in the corresponding quarter of previous fiscal.
For the April-June quarter, the total income declined to Rs 991.1 crore from Rs 1,041.8 crore of a year ago period. The total expenses also came down by almost 5 percent from Rs 1,022.28 crore in the same period of previous year to Rs 971.63 crore in Q1 FY18.
Read EquityPandit’s Technical Analysis of Indian Stock Market