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ISGEC Heavy Engineering reports 27% rise in Q3 consolidated net profit

13 Feb 2023 Evaluate

ISGEC Heavy Engineering has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported rise of 8.27% in its net profit at Rs 39.82 crore for Q3FY23 as compared to Rs 36.78 crore for the corresponding quarter previous year. However, total income of the company decreased by 1.38% to Rs 1103.18 crore for the quarter under review as compared to Rs 1118.63 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 26.75% in its net profit at Rs 65.86 crore for Q3FY23 as compared to Rs 51.96 crore for the same quarter in the previous year. Total income of the company increased by 13.93% to Rs 1597.97 crore for the quarter under review as compared to Rs 1402.58 crore for the same quarter in the previous year.

Peers
Company Name CMP
Larsen & Toubro 3928.00
Kalpataru Projects 1412.20
NCC 136.00
Rail Vikas Nigam 211.60
KEC International 402.35
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