HG Infra Engineering’s stock declined over 5% after releasing its Q2 FY25 financial results, showing a dip in revenue and profit.
The company’s revenue from operations fell to ₹902.41 crore, down from ₹954.53 crore in the same quarter last year. Despite the revenue decrease, HG Infra displayed operational stability, with profit before tax (PBT) at ₹125.23 crore, slightly down from ₹129.13 crore in Q2 FY24.
Profit after tax (PAT) also saw a decline, reaching ₹80.71 crore compared to ₹96.12 crore in the previous year.
As of 9:34 am, HG Infra Engineering shares were trading 5.58% lower at Rs 1,210.95 on the NSE.
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