HBL Engineering (517271) Q2 24/25 earnings summary

Executive summary

• Board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2024, with auditor's unmodified opinion.

• Noted resignation of one director and retirement of two independent directors upon completion of their terms.

• Related party transactions for the half year ended September 30, 2024, were approved.

Financial highlights

• Standalone revenue for Q2 FY25 was ₹52,048.07 lakhs, up from ₹51,122.82 lakhs in Q1 FY25 and ₹53,275.43 lakhs in Q2 FY24.

• Standalone net profit for Q2 FY25 was ₹8,049.60 lakhs, compared to ₹7,425.48 lakhs in Q1 FY25 and ₹6,855.05 lakhs in Q2 FY24.

• Consolidated revenue for Q2 FY25 was ₹52,096.15 lakhs, with net profit at ₹7,600.99 lakhs, up from ₹6,715.79 lakhs in Q2 FY24.

• EPS (consolidated, basic) for Q2 FY25 was ₹3.13, compared to ₹2.47 in Q2 FY24.

• Total comprehensive income (consolidated) for H1 FY25 was ₹16,616.24 lakhs, up from ₹12,007.52 lakhs in H1 FY24.

Outlook and guidance

• No explicit forward-looking guidance provided, but continued growth in revenue and profitability is indicated by the results.