For Q2FY23, HEG’s consolidated topline was at Rs 598 crore, up 16% YoY. Consolidated EBITDA for the quarter was at Rs 179 crore, up 26% YoY. Ensuing consolidated PAT for the quarter was at Rs 169 crore, up 28% YoY
HEG reported a healthy performance in Q2FY23 aided by healthy EBITDA margins. EBITDA margin for the quarter was at 29.9% compared to 27.4% in Q2FY22 and 25.5% in Q1FY23. For the quarter, raw material costs as a percentage of sales was at 30% compared to 37% in Q2FY22 and 39% in Q1FY23
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