HBL Power Systems announced that the Ministry of Corporate Affairs has issued a fresh Certificate of Incorporation upon change of name of the Company from �HBL Power Systems� to �HBL Engineering� with effect from 13 November 2024. Powered by Capital Market - Live News

Net profit of HBL Power Systems rose 27.07% to Rs 87.26 crore in the quarter ended September 2024 as against Rs 68.67 crore during the previous quarter ended September 2023. Sales declined 6.40% to Rs 520.96 crore in the quarter ended September 2024 as against Rs 556.58 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales520.96556.58 -6 OPM %20.8418.12 - PBDT117.98100.80 17 PBT106.7290.79 18 NP87.2668.67 27 Powered by Capital Market - Live News

HBL Power Systems has received upgrade in credit rating for bank facilities at CARE A+; Stable / CARE A1+ from CARE A; Positive/ CARE A1. Powered by Capital Market - Live News

Net profit of HBL Power Systems rose 54.82% to Rs 80.09 crore in the quarter ended June 2024 as against Rs 51.73 crore during the previous quarter ended June 2023. Sales rose 11.27% to Rs 520.11 crore in the quarter ended June 2024 as against Rs 467.43 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales520.11467.43 11 OPM %21.2416.67 - PBDT114.0678.57 45 PBT103.2269.06 49 NP80.0951.73 55 Powered by Capital Market - Live News

HBL Power Systems will hold a meeting of the Board of Directors of the Company on 8 August 2024.Powered by Capital Market - Live News