Hitachi Energy India Q2 results: net profit rises 20.5% to Rs 318.49 crore
Hitachi Energy India said in an NSE filing that net profit for the quarter ended 30 September 2026 rose 20.5% to Rs 318.49 crore, while revenue from operations rose 63.5% to Rs 2,996.51 crore.
Key points
- Hitachi Energy India reported Q2 FY27 net profit of Rs 318.49 crore in its filing with the National Stock Exchange on 12 November 2026.
- Revenue from operations was Rs 2,996.51 crore, up 63.5% from a year earlier and 20.2% from the quarter ended 30 June 2026.
- The results are unaudited, reviewed by the statutory auditors, and standalone because the company has no subsidiary.
Hitachi Energy India Limited reported a net profit of Rs 318.49 crore for the second quarter of FY27, the quarter ended 30 September 2026, up 20.5% from Rs 264.36 crore a year earlier. Revenue from operations rose 63.5% to Rs 2,996.51 crore. The figures come from the company's filing with the National Stock Exchange on 12 November 2026.
What Happened
The company's board approved the unaudited financial results for the quarter and the half year ended 30 September 2026 on 12 November 2026. The statutory auditors issued a limited review report on the results. The company has no subsidiary, associate or joint venture, so the results are standalone.
Total revenue from operations was Rs 2,996.51 crore in the quarter. That compares with Rs 1,832.55 crore in the same quarter last year, a rise of 63.5%, and Rs 2,493.69 crore in the previous quarter ended 30 June 2026, a rise of 20.2%.
Profit for the period was Rs 318.49 crore. That is 20.5% higher than Rs 264.36 crore a year earlier and 8.3% higher than Rs 294.15 crore in the previous quarter. Profit before tax was Rs 430.40 crore, against Rs 352.91 crore a year earlier. Total tax expense was Rs 111.91 crore, which includes a deferred tax credit of Rs 31.82 crore.
Basic and diluted earnings per share were Rs 71.46 for the quarter, against Rs 59.31 a year earlier and Rs 65.99 in the previous quarter.
For the six months from 1 April to 30 September 2026, revenue from operations was Rs 5,490.20 crore, up 65.8% from Rs 3,311.45 crore in the same period last year. Profit for the half year was Rs 612.64 crore, up 54.7% from Rs 395.96 crore.
The filing's notes say the company raised about Rs 2,520.82 crore through a qualified institutions placement of shares, approved in the quarter ended 31 March 2025. As at 30 September 2026, Rs 1,665.26 crore of that amount remained unutilised, of which Rs 1,630.00 crore was kept as deposits with banks.
What It Means
For shareholders and others following the company, the filing sets out how much the company earned and sold in the latest quarter compared with the same quarter last year and the one before it. The company operates in a single segment, power grids, as the filing states.
The results are unaudited and have been reviewed, not audited, by the statutory auditors. The full audited figures for the year will come only with the annual accounts. Readers who want the complete tables, notes and the auditors' report can read the company's filing with the National Stock Exchange.
Oquilia Data: Hitachi Energy India Ltd. (NSE: POWERINDIA)
| Close, 11 Nov 2026 | Rs 29,100.00 (+3.37% on the day) |
|---|---|
| Return 1M / 3M / 6M / YTD / 1Y | −4.92% / −16.86% / −11.87% / +58.93% / +33.16% |
| Against Nifty 50, 1M / 3M / YTD | −17.06 / −20.06 / +62.28 points |
| 52-week closing high / low | Rs 38,445.00 (29 May 2026) / Rs 16,214.00 (16 Jan 2026) |
| Turnover, 20-session average | Rs 395.44 cr; 36.6% delivered; latest volume 1.7x |
Closes adjusted for splits and bonuses; returns exclude dividends. Facts from NSE's files, not investment advice.
Full record: Hitachi Energy India share price on Oquilia
Source: Company filing on NSE
Sources & Citations
- Company filing on NSE — National Stock Exchange of India