Hot Pursuit     11-May-23
H.G.Infra Engineering jumps after Q4 PAT rises 64% YoY to Rs 171 cr
H.G. Infra Engineering rallied 3% to Rs 938 after the company's net profit jumped 64.43% to Rs 170.92 crore on 44.22% increase in revenue from operations to Rs 1,535.43 crore in Q4 FY23 over Q4 FY22.
Profit before rose 66.71% to Rs 231.29 crore in Q4 FY23 as compared with Rs 138.74 crore posted in Q4 FY22.

EBITDA stood at Rs 297 crore in Q4 FY23 , registering the growth of 54.3% from Rs 192.5 crore recorded in corresponding quarter last year. EBITDA margin was at 19.3% in Q4 FY23 as against 18.1% in Q4 FY22.

On full year basis, the company's consolidated net profit jumped 29.8% to Rs 493.19 crore on 23.2% rise in net sales to Rs 4,622.01 crore in FY23 over FY22.

As on 31 March 2023, the order book stood at Rs 12,766.3 crore.

Meanwhile, the board has recommended a final dividend of Rs 1.25 per equity share for FY23.

H.G. Infra Engineering is primarily involved in the construction of roads and highways in Odisha, Telangana, Rajasthan, Delhi, Andhra Pradesh, Haryana, and Uttar Pradesh. HGIEL is accredited AA class by the Public Works Department (PWD) of the Government of Rajasthan (GoR) and is registered as an SS class contractor by the Military Engineer Services (MES).

Previous News
  Nifty trade near 24,400 level; metal shares slide
 ( Market Commentary - Mid-Session 25-Jul-24   14:32 )
  H.G. Infra secures Rs 862 crore highway project in Andhra Pradesh
 ( Hot Pursuit - 12-Mar-24   09:44 )
  H.G. Infra edges higher being declared as L-1 bidder for Rs 763 crore in Uttar Pradesh
 ( Hot Pursuit - 25-Jul-24   12:10 )
  H.G. Infra Engineering wins road project of Rs 763 cr in Uttar Pradesh
 ( Corporate News - 25-Jul-24   15:25 )
  H.G Infra Engg. announces board meeting date
 ( Corporate News - 30-Jul-24   11:31 )
  H.G. Infra Engineering consolidated net profit rises 17.32% in the September 2023 quarter
 ( Results - Announcements 09-Nov-23   14:00 )
  H.G. Infra Engineering to commence project of South Central Railway
 ( Corporate News - 18-Jun-24   19:03 )
  H.G. Infra hits 52-week high; jumps 9% in four days
 ( Hot Pursuit - 09-Mar-23   15:31 )
  H.G. Infra Engineering consolidated net profit rises 64.43% in the March 2023 quarter
 ( Results - Announcements 11-May-23   07:30 )
  Board of H.G Infra Engg. recommends final dividend
 ( Corporate News - 11-May-23   11:11 )
  H.G.Infra Engineering jumps after Q4 PAT rises 64% YoY to Rs 171 cr
 ( Hot Pursuit - 11-May-23   10:47 )
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