HEG reports 35.50% rise in Q4 net profit

HEG has reported results for fourth quarter and year ended March 31, 2014. The company has reported a rise on 32.50% in its net profit at Rs 46.56 crore for the quarter ended March 31, 2014 as compared to Rs 35.14 crore for the same quarter in the previous year. Total income from operations of the company has increased by 12.35% at Rs 501.43 crore for quarter under review as compared to Rs 446.30 crore for the quarter ended March 31, 2013. For the full year ended March 31, 2014, the company has reported a fall on 18.12% in its net profit at Rs 86.62 crore as compared to Rs 105.79 crore for FY13. Total income from operations has decreased by 9.60% at Rs 1466.81 crore for year under review as compared to Rs 1622.61 crore for the year ended March 31, 2013.