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HG Infra Engineering reports 47% fall in Q1 consolidated net profit

17 Aug 2020 Evaluate

HG Infra Engineering has reported results for the first quarter ended June 30, 2020.

The company has reported a fall of 56.13% in its net profit at Rs 15.09 crore for the quarter under review as compared to Rs 34.40 crore for the same quarter in the previous year. Total income of the company decreased by 43.20% at Rs 300.58 crore for Q1FY21 as compared Rs 529.16 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 47.43% in its net profit at Rs 19.93 crore for the quarter under review as compared to Rs 37.91 crore for the same quarter in the previous year. Total income of the company decreased by 41.22% at Rs 314.53 crore for Q1FY21 as compared Rs 535.16 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Larsen & Toubro 3860.00
Kalpataru Projects 1447.10
NCC 137.00
Rail Vikas Nigam 210.30
KEC International 402.50
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