Hitachi Energy India has announced its financial results for the second quarter and half-year ended September 30, 2026. The company reported a robust 63.5% year-on-year revenue growth for Q2 FY27, reaching INR 2,996.5 crore. Profit after tax (PAT) saw a 20.5% increase to INR 318.5 crore. The company also highlighted a record order backlog of INR 33,335.4 crore.
Hitachi Energy India Reports Strong Q2 FY27 Financial Performance
Hitachi Energy India has announced its financial results for the second quarter (Q2FY27) and the first half (H1FY27) ended September 30, 2026. The company demonstrated significant growth across key financial metrics, driven by strong market momentum and disciplined execution.
Key Financial Highlights (Q2 FY27)
- Revenue from operations: Increased by 63.5% year-on-year (YoY) to INR 2,996.5 crore.
- Profit Before Tax (PBT): Grew by 22.0% YoY to INR 430.4 crore.
- Profit After Tax (PAT): Rose by 20.5% YoY to INR 318.5 crore.
- Operational EBITDA: Showed a substantial increase of 69.5% YoY to INR 494.4 crore, resulting in a double-digit margin of 16.5%.
Order Book and Future Outlook
The company also reported a significant 85.9% YoY growth in orders for Q2 FY27, totaling INR 4,120.8 crore. This strong order inflow has contributed to a record order backlog of INR 33,335.4 crore as of September 2026, providing substantial revenue visibility for the coming quarters. The company attributes this performance to positive market demand, particularly in the power transformer, STATCOM, and switchgear segments, as well as growth in its service business.
Hitachi Energy India noted that India’s increasing electricity demand, grid modernization efforts, and industrial expansion are key drivers for its business. The company is focusing on technologies that enhance grid flexibility, visibility, and resilience.
Consolidated Financials (Unaudited)
The unaudited financial results for the quarter ended September 30, 2026, and the six months ended September 30, 2026, were approved by the Board of Directors on November 12, 2026.
- Total Income (Six Months Ended Sep 30, 2026): INR 5,604.77 crore
- Total Expenses (Six Months Ended Sep 30, 2026): INR 4,784.86 crore
- Profit for the period (Six Months Ended Sep 30, 2026): INR 612.64 crore
- Total comprehensive income (Six Months Ended Sep 30, 2026): INR 612.22 crore
The statement of assets and liabilities as of September 30, 2026, shows total assets of INR 14,126.52 crore and total equity and liabilities of INR 14,126.52 crore.
The cash flow statement indicates a net cash inflow from operating activities of INR 91.33 crore for the six months ended September 30, 2026, while investing activities resulted in a net cash outflow of INR 255.21 crore. Financing activities led to a net cash outflow of INR 52.63 crore.
Source: BSE
