Hitachi Energy India announced robust Q2 FY27 results, with revenue surging by 63.5% YoY to INR 2,996.5 crore. Orders grew significantly by 85.9% YoY to INR 4,120.8 crore. Profit after tax (PAT) increased by 20.5% YoY to INR 318.5 crore. The company highlighted strong market momentum and a record order backlog of INR 33,335.4 crore.
Strong Q2 FY27 Performance Highlights
Hitachi Energy India has revealed its financial results for the second quarter (Q2) and the first half (H1) of the fiscal year 2027, showcasing substantial growth across key performance indicators. The company reported a significant 85.9% year-on-year (YoY) increase in orders, totaling INR 4,120.8 crore for Q2 FY27. This surge is attributed to positive market demand and sustained order momentum, with transmission orders for power transformers, STATCOM, and switchgear leading the pack.
Revenue and Profit Growth
Revenue from operations for Q2 FY27 witnessed a strong 63.5% YoY growth, reaching INR 2,996.5 crore. This expansion is credited to a focused approach on operational efficiency and timely order execution. Profit before tax (PBT) grew by 22.0% YoY to INR 430.4 crore, while profit after tax (PAT) saw a 20.5% YoY increase, amounting to INR 318.5 crore.
Record Order Backlog and Outlook
The company’s strong order growth has also bolstered its order backlog, which reached a record high of INR 33,335.4 crore as of September 2026, providing considerable revenue visibility for the coming quarters. Hitachi Energy India anticipates continued growth driven by India’s increasing demand for electricity and investments in grid modernization and digitization. The company’s Service business also demonstrated strong momentum, with a 77% YoY increase in Q2 FY27.
Operational EBITDA and Sustainability
Hitachi Energy India maintained a healthy double-digit Operational EBITDA margin of 16.5% in Q2 FY27, reflecting improved operational excellence. Operational EBITDA itself grew by a remarkable 69.5% YoY to INR 494.4 crore. The company also highlighted its commitment to sustainability, noting an improved ESG rating from 61 to 69 between FY2024-25 and FY2025-26.
Source: BSE
