Newsletter
Hitachi Energy put up a strong Q3, with profit surging over 90% YoY on the back of solid execution and a strong order pipeline.
Stock action: shares jumped nearly 14% after the management said it expects to maintain its double-digit operational EBITDA guidance for next financial year.
In simple terms, it means the company expects its core business profits to grow strongly next year too.
Here’s the snapshot:
Net profit: up 90.3% YoY at ₹261.4 vs ₹137.4 cr
Revenue: up 28.5% YoY at ₹2,082.2 cr vs ₹1,620.3 cr
What’s driving it: transformers, reactors, and gas insulated and air insulated switchgear led demand, with data centres and renewables emerging as key growth engines.
Looking ahead, the company is banking on bigger themes like electrification, AI driven power demand, and grid expansion.
Analysts also see the EU-India FTA as a possible tailwind, boosting clean energy collaboration and opening up export and investment opportunities for Indian energy companies.
