HEG Ltd Q1FY22 consolidated net profit up at Rs. 56.77 crores

HEG Ltd. has reported financial results for the period ended June 30, 2021.

Financial Results (Q1 FY 2021-22) - QoQ Comparison

The company has reported total income of Rs.435.75 crores during the period ended June 30, 2021 as compared to Rs.405.59 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.56.77 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.(16.08) crores for the period ended March 31, 2021.

The company has reported EPS of Rs.14.71 for the period ended June 30, 2021 as compared to Rs.(4.17) for the period ended March 31, 2021.

Financials	Q1 FY2021-22	Q4 FY20-21	% Change
Total Income	₹ 435.75 crs	₹ 405.59 crs	7.44%
Net Profit	₹ 56.77 crs	₹ (16.08) crs	453.05%
EPS	₹ 14.71	₹ (4.17)	452.76%

Financial Results (Q1 FY 2021-22) - YoY Comparison

The company has reported total income of Rs.435.75 crores during the period ended June 30, 2021 as compared to Rs.279.32 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.56.77 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.14.33 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.14.71 for the period ended June 30, 2021 as compared to Rs.3.71 for the period ended June 30, 2020.

Financials	Q1 FY2021-22	Q1 FY2020-21	% Change
Total Income	₹ 435.75 crs	₹ 279.32 crs	56%
Net Profit	₹ 56.77 crs	₹ 14.33 crs	296.16%
EPS	₹ 14.71	₹ 3.71	296.5%

Shares of HEG Ltd. was last trading in BSE at Rs. 2216 as compared to the previous close of Rs. 2235.4. The total number of shares traded during the day was 6346 in over 982 trades.

The stock hit an intraday high of Rs. 2261 and intraday low of 2178. The net turnover during the day was Rs. 14055355.

Source : Equity Bulls

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