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H.G. Infra Engineering Ltd Q2FY24; 17% rise in Profits

H.G. Infra Engineering Limited (HGIEL) is an Indian Road Infrastructure Company engaged in the business of Engineering, Procurement and Construction (EPC) Services, Maintenance of roads, bridges, flyovers and other infrastructure contract works.

Financial Results:

  • H.G. Infra Engineering Ltd reported Revenues for Q2FY24 of ₹955.00 Crores up from ₹796.00 Crore year on year, a rise of 19.97%.
  • Total Expenses for Q2FY24 of ₹828.00 Crores up from ₹692.00 Crores year on year, a rise of 19.65%.
  • Consolidated Net Profit of ₹96.00 Crores up 17.07% from ₹82.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹14.75, up 17.34% from ₹12.57 in the same quarter of the previous year.
Tags: Infra
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