HEG Ltd
NSE:HEG
Income Statement
Earnings Waterfall
HEG Ltd
Revenue
|
24.6B
INR
|
Cost of Revenue
|
-14.4B
INR
|
Gross Profit
|
10.3B
INR
|
Operating Expenses
|
-7.2B
INR
|
Operating Income
|
3.1B
INR
|
Other Expenses
|
727.8m
INR
|
Net Income
|
3.8B
INR
|
Income Statement
HEG Ltd
Dec-2008 | Mar-2009 | Jun-2009 | Sep-2009 | Dec-2009 | Mar-2010 | Jun-2010 | Sep-2010 | Dec-2010 | Mar-2011 | Jun-2011 | Sep-2011 | Dec-2011 | Mar-2012 | Jun-2012 | Sep-2012 | Dec-2012 | Mar-2013 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
10 371
N/A
|
10 291
-1%
|
10 240
0%
|
10 017
-2%
|
10 493
+5%
|
11 314
+8%
|
11 213
-1%
|
11 478
+2%
|
11 678
+2%
|
11 136
-5%
|
11 712
+5%
|
11 909
+2%
|
12 986
+9%
|
14 246
+10%
|
15 295
+7%
|
16 502
+8%
|
15 903
-4%
|
16 226
+2%
|
15 874
-2%
|
33 812
+113%
|
52 462
+55%
|
65 928
+26%
|
58 220
-12%
|
45 926
-21%
|
31 213
-32%
|
21 490
-31%
|
15 658
-27%
|
13 243
-15%
|
12 502
-6%
|
12 562
+0%
|
14 367
+14%
|
16 314
+14%
|
19 091
+17%
|
22 016
+15%
|
25 100
+14%
|
25 905
+3%
|
25 235
-3%
|
24 672
-2%
|
24 167
-2%
|
24 328
+1%
|
24 649
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 778)
|
(3 861)
|
(3 849)
|
(3 864)
|
(4 287)
|
(6 102)
|
(6 226)
|
(6 517)
|
(6 964)
|
(7 264)
|
(7 831)
|
(8 184)
|
(8 715)
|
(9 909)
|
(10 133)
|
(10 860)
|
(10 653)
|
(11 124)
|
(2 471)
|
(5 103)
|
(9 047)
|
(14 152)
|
(15 129)
|
(15 768)
|
(14 906)
|
(18 750)
|
(16 129)
|
(15 674)
|
(14 954)
|
(10 430)
|
(10 041)
|
(9 748)
|
(10 286)
|
(12 638)
|
(12 327)
|
(12 409)
|
(12 108)
|
(14 197)
|
(12 503)
|
(13 442)
|
(14 374)
|
|
Gross Profit |
4 593
N/A
|
6 430
+40%
|
6 391
-1%
|
6 154
-4%
|
6 207
+1%
|
5 213
-16%
|
4 988
-4%
|
4 962
-1%
|
4 715
-5%
|
3 873
-18%
|
3 881
+0%
|
3 724
-4%
|
4 270
+15%
|
4 337
+2%
|
5 163
+19%
|
5 643
+9%
|
5 251
-7%
|
5 102
-3%
|
13 402
+163%
|
28 708
+114%
|
43 414
+51%
|
51 776
+19%
|
43 091
-17%
|
30 158
-30%
|
16 307
-46%
|
2 740
-83%
|
(470)
N/A
|
(2 430)
-417%
|
(2 451)
-1%
|
2 132
N/A
|
4 326
+103%
|
6 565
+52%
|
8 804
+34%
|
9 378
+7%
|
12 770
+36%
|
13 495
+6%
|
13 126
-3%
|
10 476
-20%
|
11 665
+11%
|
10 886
-7%
|
10 275
-6%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(1 968)
|
(3 145)
|
(3 178)
|
(3 080)
|
(3 092)
|
(2 347)
|
(2 430)
|
(2 794)
|
(2 857)
|
(2 246)
|
(2 391)
|
(2 363)
|
(2 704)
|
(2 500)
|
(2 734)
|
(2 978)
|
(2 907)
|
(2 797)
|
(1 699)
|
(3 498)
|
(5 254)
|
(5 769)
|
(5 635)
|
(4 996)
|
(4 225)
|
(3 495)
|
(3 900)
|
(3 755)
|
(3 802)
|
(3 382)
|
(4 821)
|
(5 221)
|
(5 913)
|
(4 853)
|
(7 200)
|
(7 605)
|
(7 513)
|
(5 293)
|
(7 005)
|
(7 149)
|
(7 217)
|
|
Selling, General & Administrative |
(1 242)
|
(371)
|
(373)
|
(384)
|
(389)
|
(390)
|
(396)
|
(402)
|
(411)
|
(519)
|
(530)
|
(532)
|
(554)
|
(471)
|
(494)
|
(522)
|
(525)
|
(559)
|
(455)
|
(981)
|
(1 547)
|
(4 937)
|
(1 807)
|
(1 515)
|
(1 124)
|
(2 673)
|
(510)
|
(401)
|
(361)
|
(2 537)
|
(587)
|
(676)
|
(753)
|
(3 803)
|
(854)
|
(861)
|
(869)
|
(3 997)
|
(929)
|
(939)
|
(947)
|
|
Depreciation & Amortization |
(439)
|
(467)
|
(482)
|
(499)
|
(515)
|
(514)
|
(547)
|
(551)
|
(562)
|
(574)
|
(556)
|
(560)
|
(563)
|
(578)
|
(601)
|
(618)
|
(634)
|
(627)
|
(176)
|
(357)
|
(542)
|
(722)
|
(725)
|
(722)
|
(715)
|
(720)
|
(723)
|
(728)
|
(735)
|
(730)
|
(740)
|
(738)
|
(764)
|
(789)
|
(816)
|
(867)
|
(906)
|
(1 019)
|
(1 197)
|
(1 350)
|
(1 573)
|
|
Other Operating Expenses |
(287)
|
(2 309)
|
(2 324)
|
(2 199)
|
(2 189)
|
(1 443)
|
(1 487)
|
(1 841)
|
(1 884)
|
(1 154)
|
(1 305)
|
(1 269)
|
(1 587)
|
(1 451)
|
(1 639)
|
(1 836)
|
(1 748)
|
(1 612)
|
(1 068)
|
(2 160)
|
(3 165)
|
(110)
|
(3 103)
|
(2 760)
|
(2 388)
|
(103)
|
(2 667)
|
(2 628)
|
(2 707)
|
(116)
|
(3 493)
|
(3 807)
|
(4 396)
|
(262)
|
(5 530)
|
(5 877)
|
(5 739)
|
(277)
|
(4 881)
|
(4 862)
|
(4 696)
|
|
Operating Income |
2 625
N/A
|
3 284
+25%
|
3 211
-2%
|
3 072
-4%
|
3 113
+1%
|
2 866
-8%
|
2 559
-11%
|
2 169
-15%
|
1 860
-14%
|
1 628
-12%
|
1 492
-8%
|
1 363
-9%
|
1 568
+15%
|
1 839
+17%
|
2 430
+32%
|
2 666
+10%
|
2 344
-12%
|
2 305
-2%
|
11 704
+408%
|
25 211
+115%
|
38 161
+51%
|
46 007
+21%
|
37 456
-19%
|
25 162
-33%
|
12 081
-52%
|
(755)
N/A
|
(4 372)
-479%
|
(6 187)
-42%
|
(6 254)
-1%
|
(1 250)
+80%
|
(495)
+60%
|
1 345
N/A
|
2 892
+115%
|
4 525
+56%
|
5 572
+23%
|
5 890
+6%
|
5 612
-5%
|
5 182
-8%
|
4 658
-10%
|
3 736
-20%
|
3 058
-18%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(466)
|
(667)
|
(736)
|
(749)
|
(688)
|
(593)
|
(484)
|
(358)
|
(247)
|
(216)
|
(202)
|
(347)
|
(793)
|
(1 336)
|
(1 922)
|
(1 862)
|
(1 665)
|
(1 189)
|
(17)
|
(71)
|
(107)
|
727
|
(242)
|
(288)
|
(339)
|
891
|
(333)
|
(263)
|
(189)
|
845
|
(56)
|
148
|
169
|
1 015
|
546
|
694
|
636
|
1 322
|
637
|
578
|
598
|
|
Non-Reccuring Items |
(896)
|
(1 183)
|
(883)
|
(572)
|
(275)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(34)
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(59)
|
0
|
0
|
0
|
(28)
|
0
|
0
|
0
|
(3)
|
0
|
0
|
0
|
|
Total Other Income |
280
|
181
|
162
|
146
|
123
|
150
|
132
|
167
|
171
|
268
|
295
|
289
|
319
|
168
|
167
|
160
|
138
|
137
|
80
|
284
|
656
|
70
|
1 391
|
1 537
|
1 438
|
165
|
1 506
|
1 320
|
1 301
|
157
|
890
|
980
|
873
|
93
|
788
|
730
|
952
|
273
|
1 140
|
1 224
|
1 087
|
|
Pre-Tax Income |
1 543
N/A
|
1 613
+5%
|
1 753
+9%
|
1 897
+8%
|
2 274
+20%
|
2 423
+7%
|
2 207
-9%
|
1 978
-10%
|
1 784
-10%
|
1 680
-6%
|
1 585
-6%
|
1 305
-18%
|
1 094
-16%
|
671
-39%
|
675
+1%
|
963
+43%
|
816
-15%
|
1 253
+54%
|
11 766
+839%
|
25 423
+116%
|
38 709
+52%
|
46 771
+21%
|
38 605
-17%
|
26 412
-32%
|
13 181
-50%
|
293
-98%
|
(3 197)
N/A
|
(5 129)
-60%
|
(5 141)
0%
|
(308)
+94%
|
338
N/A
|
2 471
+631%
|
3 933
+59%
|
5 605
+43%
|
6 907
+23%
|
7 316
+6%
|
7 202
-2%
|
6 774
-6%
|
6 436
-5%
|
5 539
-14%
|
4 742
-14%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(513)
|
(544)
|
(561)
|
(577)
|
(715)
|
(712)
|
(649)
|
(565)
|
(446)
|
(391)
|
(364)
|
(247)
|
(178)
|
(49)
|
(18)
|
(82)
|
(60)
|
(195)
|
(4 063)
|
(8 831)
|
(13 449)
|
(16 266)
|
(13 460)
|
(9 182)
|
(4 560)
|
(576)
|
678
|
1 297
|
1 297
|
55
|
(132)
|
(611)
|
(985)
|
(1 294)
|
(1 574)
|
(1 608)
|
(1 582)
|
(1 450)
|
(1 310)
|
(1 143)
|
(957)
|
|
Income from Continuing Operations |
1 031
|
1 070
|
1 194
|
1 321
|
1 559
|
1 711
|
1 558
|
1 413
|
1 338
|
1 289
|
1 221
|
1 059
|
917
|
623
|
657
|
881
|
756
|
1 057
|
7 703
|
16 592
|
25 260
|
30 504
|
25 145
|
17 230
|
8 621
|
(283)
|
(2 519)
|
(3 832)
|
(3 844)
|
(253)
|
208
|
1 862
|
2 950
|
4 310
|
5 333
|
5 707
|
5 619
|
5 324
|
5 125
|
4 396
|
3 785
|
|
Equity Earnings Affiliates |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(51)
|
0
|
0
|
0
|
(54)
|
54
|
193
|
179
|
(243)
|
(205)
|
(111)
|
(169)
|
143
|
87
|
40
|
57
|
74
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
1 189
N/A
|
1 070
-10%
|
1 194
+12%
|
1 321
+11%
|
1 559
+18%
|
1 711
+10%
|
1 558
-9%
|
1 413
-9%
|
1 338
-5%
|
1 289
-4%
|
1 221
-5%
|
1 059
-13%
|
917
-13%
|
572
-38%
|
606
+6%
|
830
+37%
|
705
-15%
|
1 004
+42%
|
7 757
+673%
|
16 785
+116%
|
25 440
+52%
|
30 262
+19%
|
24 941
-18%
|
17 936
-28%
|
9 269
-48%
|
676
-93%
|
(1 616)
N/A
|
(3 793)
-135%
|
(3 789)
+0%
|
(179)
+95%
|
245
N/A
|
1 714
+600%
|
2 857
+67%
|
4 310
+51%
|
5 333
+24%
|
5 707
+7%
|
5 619
-2%
|
5 324
-5%
|
5 125
-4%
|
4 396
-14%
|
3 785
-14%
|
|
EPS (Diluted) |
27.02
N/A
|
24.88
-8%
|
28.42
+14%
|
31.45
+11%
|
37.11
+18%
|
40.73
+10%
|
36.23
-11%
|
32.86
-9%
|
31.11
-5%
|
29.97
-4%
|
29.78
-1%
|
27.15
-9%
|
22.92
-16%
|
13.61
-41%
|
15.15
+11%
|
20.75
+37%
|
17.62
-15%
|
25.12
+43%
|
193.92
+672%
|
419.62
+116%
|
636
+52%
|
756.55
+19%
|
639.51
-15%
|
459.89
-28%
|
243.92
-47%
|
17.33
-93%
|
-41.43
N/A
|
-97.25
-135%
|
-99.71
-3%
|
-4.58
+95%
|
6.3
N/A
|
43.94
+597%
|
73.25
+67%
|
110.51
+51%
|
136.74
+24%
|
146.33
+7%
|
144.07
-2%
|
137.95
-4%
|
132.8
-4%
|
113.9
-14%
|
98.12
-14%
|