HEG Ltd. — Interim / Quarterly Report 2023

Feb 15, 2023

HEG/SECTT/2023

15[th] February, 2023

1 BSE Limited 2 National Stock Exchange of India Limited P J Towers Exchange Plaza, 5th Floor Dalal Street Plot No.C/1, G Block, Bandra - Kurla Complex MUMBAI - 400 001. Bandra (E), MUMBAI - 400 051. Scrip Code : 509631 Scrip Code : HEG

Sub: Submission of newspaper clippings for the unaudited Financial Results for the quarter & nine months ended 31[st] December, 2022.

Dear Sir/Madam,

We wish to inform you that the Company has published the unaudited Financial Results for the quarter & nine months ended 31[st] December, 2022, pursuant to the Regulation 47 of the SEBI (LODR) Regulations, 2015, in the following Newspapers on 15[th] February, 2023.

1) Business Standard - All India 2) Navbharat - Bhopal

Copy of newspapers clippings in this connection are attached.

Kindly take the same on record.

Thanking you,

Yours faithfully, For HEG Limited

VIVEK Digitally signed by CHAUDH VIVEK CHAUDHARY Date: 2023.02.15 ARY 12:58:08 +05'30' Vivek Chaudhary Company Secretary A-13263 heg.investor@lnjbhilwara.com

Encl : as above

Name	Place	Date
Business Standard	All Editions	15.02.2023

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STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND NINE MONTHS ENDED 31ST DECEMBER, 2022

(` in Crores)

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Standalone Consolidated
Sl. Quarter Ended Nine Months Ended Year Ended Quarter Ended Nine Months Ended Year Ended
Particulars
No. 31-12-2022 30-09-2022 31-12-2021 31-12-2022 31-12-2021 31-03-2022 31-12-2022 30-09-2022 31-12-2021 31-12-2022 31-12-2021 31-03-2022
Unaudited Unaudited Unaudited Unaudited Unaudited Audited Unaudited Unaudited Unaudited Unaudited Unaudited Audited
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Sl. No.	Particulars	Standalone	Standalone	Standalone	Standalone	Standalone	Standalone	Consolidated	Consolidated	Consolidated	Consolidated	Consolidated	Consolidated
		Quarter Ended			Nine Months Ended		Year Ended	Quarter Ended			Nine Months Ended		Year Ended
		31-12-2022	30-09-2022	31-12-2021	31-12-2022	31-12-2021	31-03-2022	31-12-2022	30-09-2022	31-12-2021	31-12-2022	31-12-2021	31-03-2022
		Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited	Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
1.	Total income from operations	530.27	598.14	597.30	1,850.36	1,528.55	2,201.61	530.27	598.14	597.30	1,850.36	1,528.55	2,201.61
2.	Net Proft / (Loss) for the period (before Tax, Exceptional and/or ExtraordinaryItems & Share ofproft/(loss)of Associates)	137.20	168.31	145.50	485.83	368.10	520.00	136.25	168.31	145.50	484.89	368.10	520.00
3.	Net Proft / (Loss) for the period before tax (after Exceptional and/or ExtraordinaryItems & Share ofproft/(loss)of Associates)	137.20	168.31	145.50	485.83	368.10	520.00	139.06	207.35	150.47	552.17	392.55	560.47
4.	Net Proft / (Loss) for the period after tax (after Exceptional and/or ExtraordinaryItems & Share ofproft/(loss)of Associates)	102.83	129.90	108.51	366.30	277.33	390.58	104.69	168.93	113.48	432.64	301.78	431.05
5.	Total Comprehensive Income for the period [Comprising Proft/ (Loss) for theperiod(after tax)and Other Comprehensive Income(after tax)]	102.83	129.63	108.51	366.03	276.85	389.66	104.68	168.66	113.54	432.38	301.45	430.14
6.	EquityShare Capital	38.60	38.60	38.60	38.60	38.60	38.60	38.60	38.60	38.60	38.60	38.60	38.60
7.	Reserves(ExcludingRevaluation Reserves)	-	-	-	-	-	3,738.12	-	-	-	-	-	3,875.04
8.	Earnings Per Share (of`10/- each) (for continuing and discontinued operations ) (not annualized) Basic: Diluted:	26.64 26.64	33.66 33.66	28.11 28.11	94.91 94.91	71.86 71.86	101.20 101.20	27.13 27.13	43.77 43.77	29.40 29.40	112.10 112.10	78.19 78.19	111.68 111.68

Notes:

1. The above financial results have been reviewed by Audit Committee and approved by Board of Directors in their respective meetings held on February 14, 2023 and have been reviewed by the Statutory Auditors of the Company. The Statutory Auditors have expressed an unmodified conclusion on the aforesaid results.

2. The above is an extract of the detailed format of Quarterly Financial Results filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of Financial Results for the quarter and nine months ended 31[st] December, 2022 are available on the Stock Exchange websites (www.bseindia.com / www.nseindia.com) and Company’s website (www.hegltd.com).

3. The consolidated financial results include results of (i) HEG Limited (“the Holding Company”) (ii) Wholly owned Subsidiary- TACC Limited (the Holding Company and subsidiary collectively referred to as “the group”) (iii) Share of profit and total comprehensive income of Associates- Bhilwara Energy Limited and Bhilwara Infotechnology Limited.

4. The wholly owned subsidiary has been incorporated on December 26, 2022. Accordingly, the figures for the quarter and nine months ended December 31, 2022 include the figures of subsidiary company from the date of incorporation till December 31, 2022 and are not comparable with the corresponding periods to that extent.

Place : Mandideep (M.P.) Dated : 14[th] February, 2023

For HEG Limited Sd/- Manish Gulati Executive Director DIN: 08697512

CIN: L23109MP1972PLC008290

Registered Office : Mandideep (Near Bhopal) Distt. Raisen - 462 046, (M.P.); Phone: 07480-233524, 233525; Fax: 07480-233522 Corporate Office : Bhilwara Towers, A -12, Sector -1, Noida - 201 301 (U.P.); Phone: 0120-4390300 (EPABX); Fax: 0120-4277841 E-mail: heg.investor@lnjbhilwara.com; Website: www.hegltd.com

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