Hitachi Energy India announced robust Q1 FY27 results, with revenue growing 68.6% YoY to ₹2,493.7 crore. Profit before tax (PBT) surged 120.2%, and profit after tax (PAT) increased 123.5%. The company also reported strong order inflows, leading to a record order backlog of ₹32,222.1 crore.
Hitachi Energy India Reports Strong Q1 FY27 Performance
Hitachi Energy India has commenced the new financial year on a strong note, reporting significant growth momentum in the first quarter of FY27 (ending June 30, 2026). The company’s performance was driven by robust order inflows and strong execution capabilities.
Financial Highlights for Q1 FY27
The company announced its financial results for the quarter ended June 30, 2026, revealing substantial year-over-year increases:
- Revenue from operations reached ₹2,493.7 crore, a growth of 68.6% compared to Q1 FY26 (₹1,478.9 crore).
- Profit Before Tax (PBT) saw a significant jump of 120.2% to ₹389.5 crore, up from ₹176.9 crore in the previous year’s quarter.
- Profit After Tax (PAT) increased by an impressive 123.5%, reaching ₹294.2 crore, compared to ₹131.6 crore in Q1 FY26.
- Operational EBITDA stood at ₹399.9 crore, representing a double-digit margin of 16.0%.
Record Order Backlog and Order Inflows
The company experienced strong order growth of 26.1% YoY, excluding HVDC orders. This surge in demand has resulted in the highest-ever order backlog for Hitachi Energy India, standing at ₹32,222.1 crore, providing significant revenue visibility for the coming quarters. Key orders during the quarter included those for HVDC, grid connection solutions, power quality equipment, and transformers. A notable milestone was the company’s first BESS order for a 165 MW / 330 MWh project in Andhra Pradesh.
Outlook and Strategy
Hitachi Energy India sees significant opportunities in emerging segments such as Al data centers, smart grids, BESS, and electric vehicle infrastructure. The company is focused on enhancing operational efficiency and expanding its manufacturing capabilities, including the construction of its 20th manufacturing unit at Karjan, Vadodara. The company remains committed to supporting India’s growing energy needs and the energy transition.
Source: BSE
