HCC Reports Net Profit of ₹36.7 Crore in Q2FY26, Secures Orders Worth ₹2,770 Crore

Hindustan Construction Company (HCC), a leading infrastructure development company, has reported its financial results for the second quarter of fiscal year 2026. The company saw a decline in net profit and revenue compared to the same period last year, but maintained a strong order book position.

Financial Performance

HCC's standalone financial results for Q2 FY26 show:

Metric	Q2 FY26	Q2 FY25	YoY Change
Turnover	₹957.80	₹1,203.00	-20.4%
Net Profit	₹36.70	₹50.20	-26.9%
EBITDA Margin	16.1%	17.8%	-170 bps

The company's consolidated revenue for Q2 FY26 was ₹960.7 crore, compared to ₹1,406.9 crore in Q2 FY25.

Order Book and New Projects

Despite the decline in financial metrics, HCC's order book remains robust:

Order book stood at ₹13,152 crore as of September 30, 2025
Secured three new orders totaling ₹2,770 crore:
- Two packages of Patna Metro
- Aluminium smelter expansion project from Hindalco
Lowest bidder for a project worth ₹840 crore

Project Execution Highlights

HCC made significant progress across multiple infrastructure projects in Q2 FY26:

Mumbai Metro Line 3 inaugurated by Prime Minister Narendra Modi
Progress on various hydropower projects

Deleveraging Initiatives

The company continued its efforts to reduce debt:

Lender prepayments of ₹80 crore during the quarter
Year-to-date debt repayment of ₹215 crore

Outlook

With a strong order book and recent project wins, HCC appears well-positioned for future growth. However, the company will need to address the challenges that led to the decline in revenue and profitability in the current quarter.

Investors and analysts will likely be watching HCC's ability to convert its robust order book into revenue growth and improved profitability in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.78%	+7.81%	-6.35%	-24.22%	-43.11%	+297.24%

Hindustan Construction Company Limited (HCC) has announced the unfortunate demise of Mr. Arun Karambelkar, an Independent Director on the company's board. Mr. Karambelkar passed away on November 2, 2025, leaving behind a legacy of significant contributions to HCC's governance and operations.

Long-standing Association

Mr. Karambelkar had been an integral part of HCC's board since 2011, serving as an Independent Director for over a decade. His tenure was marked by valuable insights and guidance that helped shape the company's strategic direction.

Impact on Board Composition

Following Mr. Karambelkar's passing, he has ceased to be an Independent Director of HCC with immediate effect. This change in the board's composition was reported by the company in compliance with Regulations 30 and 51 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Response

The Board of Directors and employees of Hindustan Construction Company have expressed their deep regret at Mr. Karambelkar's passing and conveyed their sincere condolences to his family. The company acknowledged his significant contributions during his tenure, highlighting the value he brought to HCC's governance and operational processes.

Regulatory Compliance

In line with regulatory requirements, HCC has promptly informed the stock exchanges about this development. The company submitted an intimation to both the BSE Limited and the National Stock Exchange of India Ltd on November 3, 2025, detailing the changes in their board composition due to Mr. Karambelkar's demise.

Particular	Detail
Name of Director	Mr. Arun Karambelkar
Position	Independent Director
Date of Cessation	November 2, 2025
Reason for Change	Demise

This unfortunate event marks the end of a significant chapter in HCC's corporate governance history. As the company moves forward, it will undoubtedly reflect on Mr. Karambelkar's contributions while considering future appointments to maintain the strength and diversity of its board.