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

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.

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N Venu, Managing Director & CEO of Hitachi Energy India, said in the statement, “Q1FY27 indicates excellent overall performance, resulting in robust order and revenue growth. It reflects strong market momentum, driven by a surge in opportunities stemming from the energy transition & security across the country and globally.”