With acceleration in infrastructure activity in the past two to three years, the construction sector, after a long period of slowdown, has benefited a great deal. As a result, the profitability of some construction companies has also improved. Indian Infrastructure analyses the annual financial performance of 15 construction companies selected on the basis of market capitalisation and diversified presence in the infrastructure space. These include Larsen & Toubro (L&T), IRB Infrastructure Developers Limited, NCC Limited, Sadbhav Engineering Limited, Ashoka Buildcon Limited, Gayatri Projects Limited, KNR Constructions Limited, ITD Cementation India Limited and Hindustan Construction Company [HCC] Limited. While most of these companies are engineering, procurement and construction (EPC) players, many of them have also forayed into the infrastructure development space.Read More