Hitachi Energy India reports a strong set of results for its June-quarter (Q1) performance, showing major year-on-year growth in profitability and revenue. NDTV reports that profit more than doubles and that operating performance improves as margins expand significantly, with revenue up sharply. Economic Times likewise reports that net profit rises more than twofold, stating the company posts net profit of Rs 294 crore for the quarter. It also reports that operational revenue increases substantially compared with the previous year and that first-quarter orders reach Rs 5,096.5 crore for FY27. Economic Times adds that the company records a record order backlog of Rs 32,222.1 crore, supported by progress in the energy transition and security-related segments. Across the two reports, there is agreement that Q1 results reflect a steep improvement in earnings versus the prior year, alongside a significant increase in revenue and a strong pipeline of orders.
Hitachi Energy India Q1 profit more than doubles as revenue and orders rise
Hitachi Energy India reports a strong set of results for its June-quarter (Q1) performance, showing major year-on-year growth in profitability and revenue. NDTV reports that profit more than doubles a...
- Hitachi Energy India reports Q1 (June quarter) net profit more than doubling year-on-year, with Economic Times citing Rs 294 crore.
- Operating revenue rises sharply year-on-year; NDTV reports revenue up about 75%.
- NDTV reports margins expand materially in the quarter.
- Economic Times reports Q1 orders of Rs 5,096.5 crore for FY27.
- Economic Times reports a record order backlog of Rs 32,222.1 crore.
Hitachi Energy India reports a sharp improvement in profitability in Q1, with revenue rising 75% year-on-year and EBITDA more than tripling.
3 hours agoHitachi Energy India has displayed remarkable financial growth with a net profit soaring over 100% in the June quarter. The company reported a substantial increase in operational revenue compared to the previous year. With first-quarter orders reaching Rs 5,096.5 crore for FY27, the firm has achieved a record order backlog totaling Rs 32,222.1 crore, fueled by robust progress in energy transition and security sectors.
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