HPL Electric & Power Limited — Updates, 12-02-2025: Press Release

HPL Electric & Power Ltd. has reported robust performance for Q3 FY25 and the first nine months of FY25, showcasing a 51% increase in Profit After Tax (PAT) year-over-year for Q3, and an impressive 90% rise in PAT for the nine-month period. Revenue from operations reached ₹392.48 Cr in Q3, reflecting a 7.36% increase, while the nine-month revenue surged to ₹1,207.71 Cr, marking a 16.49% growth.

The company continues to excel in its Metering & Systems segment, achieving 27.6% growth in smart meters and notable increases across other product lines. The order book is solid at over ₹3,400 Cr, providing strong visibility for future revenue.

HPL's focus on R&D and automation bolsters its market position, driving profitability with an EBITDA margin improvement of 60 basis points in Q3 and 107 basis points for the nine-month period. Management underscores the commitment to leveraging India's smart metering push and expanding manufacturing capabilities, highlighting a positive outlook for sustained growth and market leadership.