Hitachi Energy India announced strong Q3FY26 results driven by continued growth. Revenue increased by 29.6% YoY to ₹2,168.0 crore. Profit After Tax (PAT) surged by 90.3% YoY. The company reported a double-digit Operational EBITDA margin of 15.6%. Hitachi Energy has achieved its highest-ever order backlog of ₹29,872.2 crore.
Financial Performance
Hitachi Energy India reported revenue of ₹2,168.0 crore in Q3FY26, a 29.6% increase compared to Q3FY25. The company’s Profit Before Tax (PBT) before exceptional items increased by 118.4% to ₹402.0 crore. Profit After Tax (PAT) saw significant growth, increasing by 90.3% to ₹261.4 crore. The Operational EBITDA margin stood at 15.6%.
Order Highlights
Orders for Q3FY26 totaled ₹2,477.6 crore. This reflects a 73.7% increase year-on-year. Key contributors to order growth included transformers, reactors, gas-insulated switchgear (GIS), and air-insulated switchgear (AIS). Data centers and renewable energy projects were major segments driving order intake. Exports accounted for 29.8% of the total orders for the quarter.
Strategic Outlook
The company’s order backlog reached ₹29,872.2 crore as of December 31, 2025. Hitachi Energy’s Managing Director, N Venu, highlighted the company’s commitment to delivering reliable and sustainable power solutions.
Exceptional Item Impact
The company recognized an exceptional item related to the impact of new labor codes, resulting in an increase in gratuity and leave liabilities by ₹54.24 crore.
Source: BSE
