Hind Rectifiers Limited — Updates, 29-07-2025: Press Release

Hind Rectifiers reported strong Q1FY26 results: Revenue surged 58.5% YoY to ₹214.8 Cr, EBITDA rose 66.9% to ₹24.2 Cr, and PAT climbed 85.5% to ₹12.8 Cr. The company achieved a record order book of ₹1,025 Cr, driven by significant new orders from Indian Railways for locomotive products and next-gen propulsion systems. They successfully commissioned an indigenously developed propulsion system, now undergoing field trials. The Board approved a ₹27.4 Cr preferential warrant issue to promoters, pending shareholder nod, to fuel growth.