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
  H.G. Infra Engineering incorporates new solar subsidiaries
 ( Corporate News - 25-Jun-24   12:28 )
  H.G. Infra Engineering incorporates two solar subsidiaries
 ( Corporate News - 31-May-24   11:47 )
  H.G. Infra Engineering incorporates solar subsidiaries
 ( Corporate News - 26-Jun-24   12:07 )
  H.G. Infra Engineering receives financial closure for greenfield Karnal Ring Road project
 ( Corporate News - 05-Sep-23   18:37 )
  H.G. Infra Engineering consortium wins 51.76 MW solar project
 ( Corporate News - 30-Mar-24   10:09 )
  H.G. Infra Engineering receives completion certificate for road project
 ( Corporate News - 04-Aug-23   16:53 )
  H.G. Infra Engineering incorporates SPV for road project in Haryana
 ( Corporate News - 22-Mar-23   14:31 )
  H.G. Infra Engineering secures NHAI road project in Haryana
 ( Corporate News - 29-Dec-22   19:47 )
  H.G. Infra Engineering consolidated net profit rises 96.86% in the September 2021 quarter
 ( Results - Announcements 08-Nov-21   17:16 )
  H.G. Infra Engineering wins NHAI road project in Jharkhand
 ( Corporate News - 31-Mar-23   18:39 )
  Board of H.G Infra Engg. recommends Final Dividend
 ( Corporate News - 12-May-21   16:36 )
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