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 Engg. announces board meeting date
 ( Corporate News - 02-May-24   12:01 )
  H.G. Infra soars on bagging solar projects worth Rs 156 cr
 ( Hot Pursuit - 02-Apr-24   13:49 )
  H.G. Infra soars after emerging as L-1 bidder for two road projects in Maharashtra
 ( Hot Pursuit - 22-May-24   11:43 )
  H.G. Infra Engg arm incorporates H.G. Jaipur Solar Project Private
 ( Hot Pursuit - 11-Jun-24   08:21 )
  HGINFRA consortium secures LoA from Jodhpur Vidyut Vitran Nigam
 ( Corporate News - 23-Mar-24   11:42 )
  H.G. Infra hits 52-week high; jumps 9% in four days
 ( Hot Pursuit - 09-Mar-23   15:31 )
  H.G. Infra Engineering achieves financial closure for NHAI road project
 ( Corporate News - 30-Nov-23   17:24 )
  H.G. Infra Engineering consortium bags solar power projects of Rs 107 cr
 ( Corporate News - 02-Apr-24   13:02 )
  H.G Infra Engg. to convene board meeting
 ( Corporate News - 01-Nov-23   17:06 )
  H.G.Infra gains after emerging as L-1 bidder for construction project
 ( Hot Pursuit - 14-Dec-22   15:16 )
  H.G. Infra Engineering consolidated net profit rises 104.55% in the March 2021 quarter
 ( Results - Announcements 13-May-21   17:50 )
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