Hitachi Energy India Ltd. announced its Q2FY26 results with significant growth. Revenue increased by 23.3% year-over-year, and profit after tax (PAT) surged fourfold. The company’s operational EBITDA margin remained solid at 15.2%, showcasing robust operational strength. The order backlog reached INR 29,412.6 crore, providing strong revenue visibility.
Q2FY26 Financial Performance
Hitachi Energy India Ltd. reported a strong financial performance for the quarter ending September 30, 2025 (Q2FY26), demonstrating growth in orders and revenue.
- Orders: Up 13.6% year-over-year to INR 2,217.1 crore.
- Revenue: Increased by 23.3% year-over-year to INR 1,915.2 crore.
- Profit Before Tax (PBT): Significantly increased to INR 352.9 crore.
- Profit After Tax (PAT): Soared fourfold to INR 264.4 crore.
- Operational EBITDA: Remained strong at INR 291.6 crore, representing a margin of 15.2%.
Order Details
During Q2FY26, Hitachi Energy secured key orders in gas-insulated switchgear (GIS) and air-insulated switchgear (AIS) stations, and locomotive transformers. Industries and renewables contributed significantly to the orderbook, followed by transmission and transport. Exports accounted for 30.4% of the total orders, with contributions from Europe, Southeast Asia data centers, and renewables projects in the Middle East and North America. Service orders also grew by 35% year-over-year.
Strategic Outlook
N Venu, Managing Director & CEO, commented on the importance of enhancing the resilience and intelligence of the energy ecosystem to integrate intermittent energy sources. Hitachi Energy will focus on advanced grid technologies, digitalization, and integrated solutions.
Half-Yearly Performance (H1FY26)
The company’s performance for the first half of the fiscal year (H1FY26) ending September 30, 2025, also demonstrated strong growth:
- Orders: Totaled INR 13,556.3 crore.
- Revenue: Reached INR 3,435.6 crore.
- PAT: Stood at INR 396.0 crore.
Order Backlog
The order backlog at the end of September 30, 2025, was INR 29,412.6 crore, offering substantial revenue visibility for the coming quarters.
Sustainability Focus
India’s renewable energy sector attracted nearly INR 1 lakh crore in investments during the first half of 2025, highlighting the country’s growing commitment to sustainability. The focus is shifting toward capacity absorption, grid integration, and energy storage solutions.
Source: BSE
