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Earnings Summary Of HLE Glascoat Limited For Q4 FY23

HLE Glascoat Limited (HLEG) is a leading Indian company engaged in the manufacturing and supply of high-quality glass-lined equipment and process solutions. With a history spanning over five decades, HLEG has established itself as a trusted provider of corrosion-resistant equipment for various industries. HLEG specializes in the production of glass-lined equipment, which involves coating metal surfaces with a layer of glass to provide exceptional corrosion resistance and durability. The company’s product range includes reactors, heat exchangers, storage tanks, columns, and other equipment used in chemical, pharmaceutical, food and beverage, and other process industries.

  • HLE Glascoat Limited reported Total Income for Q4 FY23 of ₹301.28 Crore up from ₹251.03 Crore year on year, a growth of 20%.
  • Total Expenses for Q4 FY23 of ₹268.72 Crore up from ₹220.50 Crore year on year, a decline of 21.9%.
  • Consolidated Net Profit of ₹22.78 Crore, down -2.3% from of ₹23.32 Crore in the same quarter of the previous year.
  • The Earnings per Share is ₹0.03, from ₹1.77 in the same quarter of the previous year.

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