Graphite electrode maker Hindustan Electro Graphites (HEG) Ltd on Monday (November 10) reported a 72.7% year-on-year increase in net profit at ₹143 crore for the quarter ended September 2025, compared with ₹82.8 crore in the same period last year.

Revenue rose 23.2% to ₹699.2 crore from ₹567.6 crore a year earlier. EBITDA increased 23% to ₹118.4 crore from ₹96.3 crore in the year-ago quarter. Operating margin remained flat at 17% compared with the previous year.

HEG Ltd's board of directors approved the company’s proposed subscription to unlisted and unsecured optionally convertible debentures (OCDs) of TACC Limited, a wholly-owned subsidiary. The debenture subscription will be for an aggregate amount of up to ₹633 crore, which may be subscribed in one or more tranches under a debenture

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