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Hitachi Energy Q2 Net Profit Rises 21% to ₹319 Cr, Revenue Jumps 63.5%
Sentiment: PositiveHigh Priority
What Happened?
Hitachi Energy reported a 21% increase in net profit to ₹318.5 crore for Q2 2026, with revenue rising 63.5% to ₹2,996.5 crore. The growth is attributed to operational efficiency and timely order execution.
Key points
- Net profit for Q2 2026 was ₹318.5 crore, up from ₹264.4 crore a year earlier.
- Revenue surged 63.5% to ₹2,996.5 crore compared to ₹1,832.6 crore in Q2 2025.
- Orders increased by 85.9% to ₹4,120.8 crore, driven by market demand.
- Transmission orders from utilities contributed significantly to the order book.
- Exports saw a 41% YoY growth in Q2 FY27 and 184% in H1 FY27.
- The service business grew by 77% in Q2 FY27.
Key insights
- The significant order backlog of ₹33,335.4 crore provides revenue visibility for future quarters.
- Continued growth in the service sector may enhance Hitachi Energy's market position.
- The rise in export orders reflects expanding international market opportunities.
Why it matters
The company's strong performance indicates robust demand and operational efficiency, which could attract further investment.
Entities
Hitachi Energy· CompanyIndia· Country
Source
Business Standard
