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H.G. Infra Engineering reports 6% fall in Q4 consolidated net profit

24 May 2022 Evaluate

H.G. Infra Engineering has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a fall of 6.71% in its net profit at Rs 91.11 crore for the quarter under review as compared to Rs 97.66 crore for the same quarter in the previous year. Total income of the company decreased by 0.67% at Rs 1028.59 crore for Q4FY22 as compared Rs 1035.56 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 6.44% in its net profit at Rs 103.95 crore for the quarter under review as compared to Rs 111.11 crore for the same quarter in the previous year. However, total income of the company marginally increased by 0.35% at Rs 1067.26 crore for Q4FY22 as compared Rs 1063.56 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported 60.58% rise in its net profit at Rs 338.76 crore as compared to Rs 210.96 crore for the previous year. Total income of the company increased by 42.47% at Rs 3623 crore for year under review as compared to Rs 2542.93 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported 60.59% rise in its net profit at Rs 380.04 crore as compared to Rs 236.65 crore for the previous year. Total income of the company increased by 43.62% at Rs 3758.75 crore for year under review as compared to Rs 2617.10 crore for year ended March 31, 2021.

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