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HBL Power Systems Ltd Q2FY24; 240% rise in Profits

Incorporated in 1983, HBL Power System Ltd manufactures and services different types of batteries, e-mobility, and other products

Financial Results:

  • HBL Power Systems Ltd reported Revenues for Q2FY24 of ₹557.00 Crores up from ₹314.00 Crore year on year, a rise of 77.39%.
  • Total Expenses for Q2FY24 of ₹469.00 Crores up from ₹290.00 Crores year on year, a rise of 61.72%.
  • Consolidated Net Profit of ₹68.00 Crores up 240.0% from ₹20.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹2.48, up 244.44% from ₹0.72 in the same quarter of the previous year.
Tags: Power
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