Hitachi Energy India Limited — Board Meeting, 29-10-2024: Outcome of Board Meeting

Hitachi Energy India Limited reported strong Q2FY25 results, with orders growing by 11.7% year-on-year to INR 1,952 crore and revenue increasing by 26.5% to INR 1,553.8 crore. Profit before tax rose 118% to INR 70.6 crore, while profit after tax nearly doubled to INR 52.3 crore. The operational EBITDA stood at INR 126.3 crore, yielding a margin of 8.1%. The order backlog reached a record INR 8,910 crore, ensuring robust future revenue visibility.