Hindustan Construction Company Limited=RESULTS = FOR Q3 FY2012 = Q/E DEC,2011 = NET SALES DOWN & NET PROFITS NEGATIVE

Hindustan Construction Company Limited

NSE Symbol        HCC

HINDUSTAN CONSTRUCTION COMPANY  has declared results for Q3 FY 2012.

Net Sales   stands at Rs.947.56 cr in Q3 FY 12 up by 13.12% from Q2 FY 12 and down by  -5.48% from Q3 FY 11.

Total Expenditure stands at Rs.883.62 cr – up by  12.14% from Q2 FY 12; and down by  -3.4% from Q3 FY 11.

Profit from Operations stands at Rs.63.95 Cr – up by  28.5% from Q2 FY 12; and down by  -27.1% from Q3 FY 11.

Exceptional Items Expense amounts to Rs.166.33 Cr for Q3 FY 12.

Profit before tax is negative at Rs.-191.27 Cr in Q3 FY 12 and Rs.-58.15 cr  in Q2 FY 12.

Tax expense is Negative at Rs.-60.86 Cr in Q3 FY 12 and Rs.-17.61 Cr in Q2 FY 12.

Net Profit  again is Negative for both Q3 and Q2 at Rs.-130.41 Cr in Q3 FY 12; and Rs.-40.54 Cr in Q2 FY 12.

On a Face Value of Rs.1,  Basic EPS is Negative at Rs.-2.15 for Q3 FY 12; and Rs.-0.67 in Q2 FY 12.

Overall, the performance has been disappointing in the last 2 Quarters for the HCC Ltd.

RESULTS TABLE

H C C	31-Dec-11	30-Sep-11	%DIF1	%DIF2
Net Sales	94756.36	83769.4	13.12	-5.48
Raw Materials	27753.32	25083.83	10.64	-11.53
Employees Cost	10922.43	11552.06	-5.45	-9.34
Depreciation	4124.3	4139.87	-0.38	8.02
Other Expenditure	45561.7	38017.15	19.85	2.99
Total Expenditure	88361.75	78792.91	12.14	-3.4
Profit from Operations	6394.61	4976.49	28.5	-27.1
Other Income	1543.4	-46.38	-3427.7	3059.47
Interest	10431.92	10744.9	-2.91	39.44
Exceptional Items	16632.88	-	#VALUE!	#VALUE!
Profit before tax	-19126.79	-5814.79	228.93	-1528.01
Tax expense	-6085.8	-1761.1	245.57	-1216.56
Net Profit	-13040.99	-4053.69	221.71	-1741.72
Face Value (In Rs	1	1	0	0
Paid Up Equity	6066.1	6066.1	0	0
Basic EPS	-2.15	-0.67	220.9	-1753.85
Diluted EPS	-2.13	-0.66	222.73	-1875
Public holding (%)	60.14	60.14	0	0.02

 *  *  *  E  N  D  *  *  *