Q4FY21 Result Update - HG Infra Engineering - ICICI Direct

HG Infra Engineering (HG Infra) reported a robust set of Q4FY21 numbers. Standalone revenue improved 65% YoY to Rs. 1,027.8 crore, clearly reflecting the sharp pickup in execution aided by healthy order book position and normalisation of labour availability/raw material supply chain post Covid-19 related disruptions. Also, operating profit margin was at an elevated 16.2%, down 8 bps YoY, on account of better project mix. At PAT level, robust operating performance translated into 90.5% YoY growth (to Rs. 97.7 crore).

For details, click on the link below: Link to the report

Shares of H.G. Infra Engineering Ltd was last trading in BSE at Rs.345.1 as compared to the previous close of Rs. 333.15. The total number of shares traded during the day was 105185 in over 4461 trades.

The stock hit an intraday high of Rs. 367 and intraday low of 341. The net turnover during the day was Rs. 37250871.

Source : Equity Bulls

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