Hitachi Energy India Q1 results

07 Aug 2026 · 18:04

Hitachi Energy India Q1 Results: Net profit rises over twofold to Rs 294 crore

Hitachi Energy India on Friday said its net profit jumped more than twofold year-on-year to Rs 294.2 crore in the June quarter of FY27.The company recorded a net profit of Rs 131.6 crore in the same quarter of the previous fiscal, Hitachi Energy said in a statement.Revenue from operations rose to Rs 2,493.7 crore in the reporting quarter from Rs 1,478.9 crore in the same period a year ago.During Q1FY27, orders totalled Rs 5,096.5 crore.The company's growth saga continues in the opening quarter of FY27, resulting in the highest-ever order backlog of Rs 32,222.1 crore.N Venu, Managing Director &

10 Aug 2026 · 11:19

Hitachi Energy jumps 7% after Q1 results. Here's why Nomura initiated coverage on stock

Shares of Hitachi Energy India jumped over 7% to Rs 35,110.40 on the BSE on Monday, after reporting a 123.5% year-on-year (YoY) jump in its profit after tax to Rs 294.2 crore for the June quarter of FY26. Following the company’s Q1 results, released on Friday in a regulatory filing on the BSE, domestic brokerage firm Nomura initiated coverage on the stock with a Buy rating and set a target price of Rs 40,030 on Monday.Implying a 23% upside, the brokerage expects EBITDA, revenue and PAT CAGRs of 38%, 48% and 45%, respectively, over FY26-29F. The growth outlook is supported by a robust existing