Hitachi Energy India presented its Q3 FY26 performance to analysts, highlighting a focus on safety with 470 blood donations and 89% participation in annual health checks. The company noted a push towards sustainability, targeting a 50% reduction in CO2 emissions and 100% renewable electricity. Key financials included order growth of -78.6% YoY and revenue growth of 29.6%.
Safety and Sustainability Initiatives
Hitachi Energy India emphasized its commitment to safety, citing 470 units of blood donated by employees. The annual health check saw an 89% participation rate, along with awareness sessions on fall from height injury management and cancer awareness. Key ESG targets include a 50% reduction in CO2 emissions and 100% renewable electricity in operations.
Significant progress has been made on waste reduction, achieving a 69% reduction in waste disposal. The company’s focus on diversity led to an increase to 9% in FY25.
Financial Highlights Q3 FY26
The company’s Q3 FY26 financials compared to Q3 FY25 show:
- Orders: ₹2,477.6 Cr (-78.6% YoY)
- Revenue: ₹2,168.0 Cr (29.6% YoY)
- PBT (Before Exceptional Item): ₹402.0 Cr (118.4% YoY)
- PAT: ₹261.4 Cr (90.3% YoY)
The 9M FY26 results display positive trends in:
- Revenue: ₹5,603.6 Cr (24.0% YoY)
- PBT (Before Exceptional Item): ₹931.8 Cr (245.5% YoY)
- PAT: ₹657.4 Cr (228.5% YoY)
Sector Growth and Opportunities
Investments reflect growth across sectors:
- Renewable energy capacity additions with investments of INR 2 Lakh Cr.
- Transmission plans for 500 GW with investments of INR 2.4 Lakh Cr.
- Data Center segment investment estimated at INR 8.8 Lakh Cr by 2027.
Strategic Priorities
The company’s strategic priorities include maintaining leadership in core segments like Renewables and Utilities, focusing on BU service, and reinforcing safety culture.
Source: BSE
