H.G. Infra Engineering Limited has informed the Exchange about change in Management
HGINFRA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
H.G. Infra Engineering's board approved audited FY25 results with standalone revenue rising about 18% YoY to Rs. 6,052 crore and profit after tax up roughly 6% to Rs. 577 crore, with EPS at Rs. 88.55. The board recommended a Rs. 2 per share final dividend (20%), with August 12, 2025 set as the record date and the AGM scheduled for August 19, 2025. On the management front, Whole Time Director Dinesh Kumar Goyal resigned effective May 21, 2025, and Devendra Bhushan Gupta was appointed as Additional Director designated as Whole Time Director for a 3-year term starting June 1, 2025. Consolidated revenue slipped to Rs. 5,056 crore from Rs. 5,378 crore due to subsidiary divestments, though a Rs. 57.4 crore exceptional gain from selling H.G. Rewari Bypass supported standalone numbers. Joint statutory auditor Shridhar & Associates was re-appointed for a second 5-year term through FY2030.
Solid standalone earnings growth and a 20% dividend are positives for shareholders, while the mild consolidated revenue dip and a senior WTD transition may need a close watch. The clean audit opinion and orderly management handover limit near-term concerns.