26 May,2026 10:44 AM IST | New Delhi | PTI
Hitachi Energy India revenue and profit climb sharply in March quarter. File Pic
Hitachi Energy India on Monday posted a nearly 80 per cent rise in net profit to Rs 330.5 crore during the March quarter of FY26, mainly on account of higher revenues.
It has clocked a net profit of Rs 183.9 crore during the same period a year ago, the company said in a statement.
During the latest January-March period, the company's revenue from operations rose 46.2 per cent to Rs 2,754.1 crore from Rs 1,883.7 crore recorded in the fourth quarter of the preceding 2024-25 financial year.
For the entire FY26, its net profit rose to Rs 987.8 crore from Rs 384 crore in 2024-25. Revenues from operations also increased to Rs 8,147.7 crore from Rs 6,384.9 crore in FY25. The company's board has approved a final dividend of Rs 8 per share for FY26.
Venu Nuguri, Managing Director & CEO of Hitachi Energy India Ltd, said, "A strong order backlog and long-term planning have sustained the company's growth momentum even amid the volatile geopolitical landscape."
During Q4FY26, orders totalled Rs 2,422.5 crore, up 10.6 per cent year-on-year, reflecting the evolving energy landscape worldwide. In this quarter, the order book was led by orders for HVDC control system refurbishment, grid connection solutions, and transformer and disconnector supply. In terms of segment, the major contributor is the data centre, followed by rail and metro.
In Q4FY26, exports accounted for 36.8 per cent of total orders booked for the quarter. The company received export orders from the US, Europe, and APAC. As of March 31, total orders received stood at Rs 18,456.5 crore.
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