Hitachi Energy India Limited reported a strong financial performance for the quarter ending March 31, 2026, marked by a 46.2% year-on-year revenue growth. The company achieved a profit after tax of INR 330.5 crore, representing a 79.7% increase compared to the same period last year. Additionally, the Board has recommended a final dividend of INR 8 per share and approved a significant INR 2,000 crore investment for a new power transformers facility.
Quarterly and Annual Financial Highlights
Hitachi Energy India Limited concluded the fiscal year on a high note. For the quarter ended March 31, 2026, the company recorded total revenue of INR 2,754.1 crore, reflecting significant growth. The full-year revenue for FY26 reached INR 8,147.7 crore. Profitability remained strong, with profit before tax rising to INR 443.4 crore for the quarter, a 79.7% increase year-on-year.
Strategic Investments and Growth
To support its long-term growth strategy, the Board of Directors has approved an investment of INR 2,000 crore to establish a greenfield large power transformers manufacturing facility in Karjan, Vadodara, Gujarat. This move brings the company’s cumulative capital expenditure to INR 4,000 crore. The company also reported a record-high order backlog of INR 29,555.3 crore as of March 31, 2026, providing strong revenue visibility for upcoming quarters.
Shareholder Returns and Operational Updates
Recognizing the company’s strong performance, the Board of Directors has recommended a final dividend of INR 8 per equity share (400% of the face value) for the financial year ended March 31, 2026. This proposal is subject to approval by shareholders at the upcoming Seventh Annual General Meeting, which is scheduled for August 28, 2026. Operationally, the company continues to make strides in sustainability, achieving significant reductions in carbon emissions and waste, alongside the successful commissioning of India’s first HVDC city center infeed in Mumbai.
Source: BSE
