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HEG Ltd Q1FY24; 13% fall in Profits

HEG Ltd is a leading manufacturer and exporter of graphite electrodes in India. It operates the largest single-site integrated graphite electrodes plant in the world.


Financial Results:

  • HEG Ltd reported Revenues for Q1FY24 of ₹671.00 Crores down from ₹722.00 Crore year on year, a fall of 7.06%.
  • Total Expenses for Q1FY24 of ₹567.00 Crores up from ₹563.00 Crores year on year, a rise of 0.71%.
  • Consolidated Net Profit of ₹139.00 Crores down 12.58% from ₹159.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹36.05, down 12.50% from ₹41.20 in the same quarter of the previous year.
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