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HEG has reported results for the first quarter ended June 30, 2020.

The company has reported a fall of 95.41% in its net profit at Rs 10.76 crore for the quarter under review as compared to Rs 234.39 crore for the same quarter in the previous year. Total income of the company decreased by 67.36% at Rs 279.32 crore for Q1FY21 as compared Rs 855.67 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 94.11% in its net profit at Rs 14.33 crore for the quarter under review as compared to Rs 243.47 crore for the same quarter in the previous year. Total income of the company decreased by 67.36% at Rs 279.32 crore for Q1FY21 as compared Rs 855.67 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Graphite India 751.45
HEG Advanced Materi. 215.00
Esab india 5277.65
Ador Welding 1373.30
Diffusion Engineers 406.35
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