HCC on Tuesday stated that current outstanding borrowings stood at Rs 3171.45 crore. The company’s total financial indebtedness stands at Rs 10,391 crore as on date.
Separately on Tuesday, the company announced receiving a contract worth Rs 489 crore from Delhi Metro Rail Corporation for designing and constructing 2.03-km long twin tunnels on the Janakpuri West to R.K. Ashram corridor (Extension of Line 8) of Phase IV.
HCC’s businesses span the sectors of engineering & construction, real estate, infrastructure, urban development & management.
On consolidated basis, the company reported a net loss of Rs 233.71 crore in Q2 September 2019 as against a net profit of Rs 473.7 crore in Q2 September 2018.
