HEG Q4 Results Live : HEG, a leading company, announced their Q4 results on 24 May, 2024. The company witnessed a decrease in revenue by 11.34% and a significant decline in profit by 67.01% Year-on-Year.
Compared to the previous quarter, the revenue dropped by 2.76% and the profit decreased by 24.64%.
The Selling, general & administrative expenses saw an increase of 10.55% quarter-on-quarter and 2.17% year-on-year.
Furthermore, the operating income took a hit with a decrease of 119.49% quarter-on-quarter and 108.47% year-on-year.
The Earnings Per Share (EPS) for Q4 stood at ₹8.53, marking a significant 67% decrease year-on-year.
HEG’s stock performance in the market has been mixed with a -5.15% return in the last week, a strong 41.96% return in the last 6 months, and a positive 17.77% Year-to-Date return.
At present, HEG boasts a market capitalization of ₹8674.34 Cr with a 52-week high/low of ₹2743 and ₹1113.3 respectively.
Analysts covering the company have provided varying ratings, with 1 analyst suggesting a Buy rating and another analyst recommending a Strong Buy rating out of the 2 analysts as of 25 May, 2024.
The consensus recommendation as of the same date was to Strong Buy, reflecting positive sentiment towards HEG’s future prospects.
| Period | Q4 | Q3 | Q-o-Q Growth | Q4 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 546.9 | 562.4 | -2.76% | 616.88 | -11.34% |
| Selling/ General/ Admin Expenses Total | 25.26 | 22.85 | +10.55% | 24.72 | +2.17% |
| Depreciation/ Amortization | 50.44 | 47.39 | +6.44% | 33.13 | +52.23% |
| Total Operating Expense | 554.55 | 523.15 | +6% | 526.57 | +5.31% |
| Operating Income | -7.65 | 39.25 | -119.49% | 90.31 | -108.47% |
| Net Income Before Taxes | 46.37 | 59.42 | -21.96% | 125.2 | -62.96% |
| Net Income | 32.91 | 43.67 | -24.64% | 99.77 | -67.01% |
| Diluted Normalized EPS | 8.53 | 11.32 | -24.65% | 25.85 | -67% |
FAQs
Question : What is the Q4 profit/Loss as per company?
Ans : ₹32.91Cr
Question : What is Q4 revenue?
Ans : ₹546.9Cr
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Published: 25 May 2024, 11:27 AM IST