HBL Power Systems shares dropped more than 2% after the company announced its Q2 FY25 results. Revenue dropped, while net profit increased on a year-over-year (YoY) basis.
Key Financial Highlights (YoY)
- Revenue: ₹520.96 crore in Q2 FY25, a 6.4% decrease from ₹556.58 crore in Q2 FY24.
- Net Profit: ₹76.01 crore in Q2 FY25, up by 13.2% from ₹67.16 crore YoY.
Quarter-on-Quarter (QoQ) Comparison
- Revenue: Slight increase from ₹520.11 crore in Q1 FY25 to ₹520.96 crore in Q2 FY25.
- Net Profit: Marginal rise from ₹75.85 crore in Q1 FY25 to ₹76.01 crore in Q2 FY25.
Half-Year Performance
For the half-year ending September 2024, cumulative revenue was ₹1,041.07 crore, a slight increase from ₹1,024.01 crore in the previous year. Net profit for the half-year rose to ₹151.89 crore, up from ₹118.67 crore YoY.
As of 10:31 am, HBL Power Systems shares were trading 2.67% lower at Rs 542.30 on the NSE.
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