Despite the weak bottom line, revenue from operations jumped 12.42% YoY to Rs 603.21 crore in Q4 FY26.

The company reported pre-tax loss of Rs 144.94 crore in Q4 FY26, compared with pre-tax loss of Rs 79.76 crore in the corresponding quarter of the previous fiscal.

Total expenses climbed 24.62% YoY to Rs 814.81 crore during the quarter. Cost of material consumed stood at Rs 260.51 crore (up 6.97% YoY), employee benefit expenses was at Rs 35.34 crore (up 40.63% YoY), power and Fuel expenses stood at Rs 93.03 crore (up 18.71% YoY) while finance cost was at Rs 10.72 crore (down 10.74% YoY) during the period under review.

In Q4 FY26, revenue from graphite segment jumped 12.04% YoY to Rs 589.61 crore while revenue from power segment declined 39.57% YoY to Rs 6.23 crore

Meanwhile, the company’s board recommended a final dividend on equity shares at Rs 3.40 per equity share of the face value of Rs 2 each for the financial year 2025-26.

HEG is India's leading graphite electrode manufacturer. It has one of the largest integrated graphite electrode plants in the world, processing sophisticated UHP (ultra high power) electrodes.