Infrastructure major HCC 's standalone net profit for the June quarter rose 17.49 percent to Rs 10.88 crore on the back of higher income. Total income from operations increased to Rs 982.45 crore from Rs 975.07 crore in the year-ago period. Praveen Sood, Group CFO of the company told CNBC-TV18 that the company's order book has logged a growth after a long time company and that going forward transport sector will lead the growth in the order book. According to him there is likelihood that the company may win arbitration awards worth Rs 3000 crore. He said the Mumbai metro project is likely to take 6-9 months to get fully mobilised and will start accruing turnover only by the fourth quarter of FY17 or the first quarter of FY18. The margins from the project are expected to be around 10-12 percent.
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