HEG Limited — Important, 11-02-2025: General Updates
**Operational Update: HEG Limited**
HEG Limited approved its un-audited financial results for the quarter and nine months ended December 31, 2024, during its recent board meeting. The company reported revenue from operations of ₹477.07 Crores (cr), a slight decrease from ₹567.60 cr in the previous quarter, and total income of ₹590.30 cr. Expenses totaled ₹456.62 cr, resulting in a profit before tax of ₹133.68 cr.
The Board also resolved to enhance its investment limit from ₹250 cr to ₹350 cr, aiming for maximum flexibility in investing in listed and overseas companies. Additionally, a significant unsecured loan of ₹100 cr has been approved for Bhilwara Energy Limited to support its business operations as part of ongoing arrangements. The corporate governance framework is being strengthened with the renaming of the Corporate Social Responsibility Committee to include ESG considerations, reflecting increased focus on environmental, social, and governance factors.
Investors should watch closely as these financial developments indicate a cautious yet strategic approach to operational and investment opportunities amidst economic fluctuations.
