HEG Limited reported its consolidated financial results for the quarter ended September 30, 2024, highlighting a decline in revenue but a notable increase in profit.
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- Revenue from Operations: ₹567.6 crore, down from ₹614.17 crore in the corresponding quarter last year (YoY decline of 7.6%) and a slight decrease from ₹571.46 crore in the previous quarter.
- Net Profit: The company posted a net profit of ₹82.28 crore for Q2 FY25, significantly higher than ₹23.05 crore in the same quarter last year (YoY increase) and up from ₹95.98 crore in the previous quarter.
The performance shows an improvement in profitability despite the dip in revenue, suggesting efficiency gains or favorable cost management.
