ISGEC Heavy Engineering has reported results for first quarter ended June 30, 2021.
The company has reported 52.99% fall in its net profit at Rs 13.66 crore for the quarter under review as compared to net profit of Rs 29.06 crore for the same quarter in the previous year. However, total income of the company increased by 6.11% at Rs 813.61 crore for Q1FY22 as compared Rs 766.79 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported fall of 66.93% in its net profit attributable to owners at Rs 13.63 crore for the quarter under review as compared to net profit of Rs 41.22 crore for the same quarter in the previous year. However, total income of the company increased by 5.46% at Rs 1133.52 crore for Q1FY22 as compared Rs 1074.85 crore for the corresponding quarter previous year.
