HCC’s standalone E&C business recorded a turnover of ₹895.8 crore and a net profit of ₹36.8 crore in Q2 FY27, compared with ₹957.8 crore and ₹36.7 crore, respectively, in the corresponding quarter last year. On a consolidated basis, revenue stood at ₹896.8 crore, compared with ₹960.7 crore in Q2 FY26, while consolidated profit was ₹22.6 crore against ₹47.8 crore in the corresponding quarter of the previous year.
Financial highlights – HCC unaudited standalone results
– Turnover of ₹895.8 crore in Q2 FY27 versus ₹957.8 crore in Q2 FY26
– Net Profit of ₹36.8 crore in Q2 FY27 versus ₹36.7 crore in Q2 FY26
– EBITDA margins at 12.2% in Q2 FY27 compared to 16.1% in Q2 FY26
During the quarter, HCC secured a new order worth ₹524 crore and emerged as the lowest bidder for projects valued at ₹2,010 crore (HCC share: ₹1,557 crore). In addition, bids submitted aggregating approximately ₹34,805 crore remain under evaluation.
Execution across HCC’s project portfolio progressed well during the quarter. In the transportation sector, Factory Acceptance Tests for the first Tunnel Boring Machine (TBM) were completed for both Indore and Patna Metro projects, with two TBMs successfully lowered at Indore. At the Agardanda Creek Bridge, work progressed on the foundations and construction of bridge segments.
In the power segment, excavation and steel liner fabrication progressed at the Bhivpuri Pumped Storage Project. Furthermore, dam and intake concreting at the Vishnugad Pipalkoti Hydroelectric Project reached 79% completion. Excavation also progressed at Tapovan Vishnugad, while mobilisation began for the Wangchhu Hydroelectric Project in Bhutan.
Water infrastructure projects achieved key milestones, with the Parwan Dam reservoir undergoing initial filling and three dredgers commissioned at Salal Dam following mobilisation and testing. As part of its deleveraging strategy, HCC prepaid ₹100 crore of debt in Q2 FY27 and has begun executing a further pre-payment of ₹108 crore by December 2026.