HEG Limited is a leading graphite electrode manufacturer based in India. With a rich history spanning over four decades, the company has emerged as a global player in the graphite electrode industry. HEG is part of the LNJ Bhilwara Group, a diversified conglomerate with interests in textiles, graphite, and power generation. HEG’s core business revolves around the production and sale of graphite electrodes, which are critical components used in electric arc furnaces for the production of steel. Graphite electrodes are known for their high thermal conductivity and ability to withstand extreme temperatures, making them essential for efficient steelmaking processes.
- HEG Limited reported Total Income for Q4 FY23 of ₹648.23 Crore down from ₹690.46 Crore year on year, a decline of 6.1%.
- Total Expenses for Q4 FY23 of ₹533.90 Crore down from ₹538.56 Crore year on year, a decline of 1%.
- Consolidated Net Profit of ₹99.72 Crore, down 22.8% from ₹129.27 Crore in the same quarter of the previous year.
- The Earnings per Share is ₹25.84, up from ₹33.49 in the same quarter of the previous year.