Hind Rectifiers Limited — Updates, 31-01-2025: Press Release

Hind Rectifiers Limited reported impressive financial performance, with a PAT surge of 567% YoY to INR 10 Cr in Q3FY25, driven by enhanced operational efficiency and reduced financial costs. Total income rose by 24% YoY to INR 169.4 Cr, alongside a 34% YoY increase in EBITDA to INR 18.1 Cr, leading to an improved EBITDA margin of 10.7%.

For the nine months ending December 31, 2024, total income rose by 29% YoY to INR 471.45 Cr, with PAT climbing 267% YoY to INR 27.12 Cr. The current order book stands at approximately INR 870 Cr.

Strategically, the company is establishing a wholly-owned subsidiary focusing on IT, AI, and software solutions, while also commercializing a new HVAC systems vertical. The ongoing government initiatives in railway sector modernization are beneficial for sustained demand. With effective cost management and plans for capacity expansion, the outlook remains positive for growth and market share increase.