24
May
11:33
HEG sales grow but profit squeezed
India's HEG reported a 4% on-year growth in standalone revenue in the fourth fiscal quarter through March to INR 1,346.65 crore ($193.5 million), while net profit was down -17% to INR 524.42 crore. Exports comprised 79% of sales versus 77% in the year-earlier quarter for the graphite electrode producer.
Consolidated revenue in the fiscal year through March surged 142% to INR 6,592.83 crore, while net profit surged 175% to INR 3,026.16 crore. Exports comprise…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous