HEG Reports March 2025 Financial Results, Signaling Major Challenges Ahead

HEG, a midcap player in the Electrodes & Refractories industry, has reported its financial results for the quarter ending March 2025. The results indicate a significant shift in the company's financial standing, with a notable adjustment in its evaluation score, which has moved to a lower position compared to the previous three months.
The financial data reveals that the Profit Before Tax less Other Income (PBT) has reached Rs -132.62 crore, reflecting a substantial decline when compared to the average PBT of the previous four quarters. Similarly, the Profit After Tax (PAT) stands at Rs -73.67 crore, marking a considerable drop against the prior average. The interest expenses have risen to Rs 12.01 crore, indicating an increase in borrowing costs, which has implications for the company's financial health.

Moreover, the Operating Profit has also hit a low of Rs -55.47 crore, and the Operating Profit Margin is at its lowest in the last five quarters. The Earnings per Share (EPS) has similarly decreased, suggesting a challenging environment for profitability.

Overall, HEG's recent financial results highlight a period of significant challenges, leading to a revision in its score.

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