HEG's Q3 FY 2025-26 Quarterly Results
- 11 Feb 2026
Result Summary
- HEG Ltd reported a 6.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 28.5%.
- Its expenses for the quarter were down by 10.3% QoQ and up 25.9% YoY.
- The net profit increased 44.4% QoQ and increased 148.2% YoY.
- The earnings per share (EPS) of HEG Ltd stood at 10.72 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 758.29 | 811.51 | 589.96 | -6.6% | 28.5% |
Total Expenses | 577.28 | 643.54 | 458.46 | -10.3% | 25.9% |
Profit Before Tax | 181.01 | 167.97 | 131.50 | 7.8% | 37.7% |
Tax | 39.18 | 31.90 | 35.17 | 22.8% | 11.4% |
Profit After Tax | 206.97 | 143.33 | 83.40 | 44.4% | 148.2% |
Earnings Per Share | 10.72 | 7.43 | 4.32 | 44.3% | 148.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
HEG Ltd is a leading manufacturer and exporter of graphite electrodes, which are used in electric arc furnaces for steel production. This positions the company within the industrial manufacturing sector, specifically focusing on supplying essential components for the steel industry. Graphite electrodes are critical in the electric arc furnace steelmaking process, making HEG Ltd a significant player in this niche market. The company has established itself as a prominent entity in this sector by leveraging its manufacturing capabilities and exporting prowess. Recent major developments specific to HEG Ltd are not available in the provided data, and additional context on such events is not provided.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), HEG Ltd reported a total income of ₹758.29 crores. This represents a decrease of 6.6% compared to the previous quarter (Q2FY26), where the total income was ₹811.51 crores. However, on a year-over-year basis, there is a significant increase of 28.5% from ₹589.96 crores reported in Q3FY25. The data indicates a robust year-over-year growth trajectory, despite the quarter-over-quarter decline. This growth pattern highlights the company's ability to enhance its revenue generation over the course of a year.
Profitability
HEG Ltd's profitability in Q3FY26 is evident in its profit before tax, which stands at ₹181.01 crores. This is an increase of 7.8% from the previous quarter's figure of ₹167.97 crores. Compared to the same period last year (Q3FY25), the profit before tax has increased by 37.7%, up from ₹131.50 crores. The profit after tax for Q3FY26 is ₹206.97 crores, marking a substantial quarter-over-quarter increase of 44.4% from ₹143.33 crores in Q2FY26, and an even more remarkable year-over-year increase of 148.2% from ₹83.40 crores in Q3FY25. This considerable rise in profitability reflects the company's financial strength over the year.
Operating Metrics
Key operating metrics for HEG Ltd include total expenses, which were ₹577.28 crores in Q3FY26, a decrease of 10.3% from ₹643.54 crores in Q2FY26. This reduction in expenses has occurred alongside a year-over-year increase of 25.9% from ₹458.46 crores in Q3FY25. The company's tax expenses for the quarter amounted to ₹39.18 crores, reflecting a 22.8% increase from the previous quarter's ₹31.90 crores and an 11.4% increase from ₹35.17 crores in Q3FY25. Earnings per share (EPS) for Q3FY26 were ₹10.72, which represents a 44.3% increase from the previous quarter's ₹7.43 and a 148.1% increase from ₹4.32 in Q3FY25. These metrics demonstrate key changes in the company's operational costs and shareholder returns.