ISGEC Heavy Engineering is a diversified heavy engineering company. It manufactures process equipment, presses, iron & steel castings, and boiler pressure parts.

On a consolidated basis, the company's net profit zoomed 181.1% to Rs 29.57 crore in Q2 FY23 from Rs 10.52 crore reported in Q2 FY22. Net sales rose 9.9% year on year to Rs 1,512.53 crore in Q2 FY23.