Hitachi Energy India Q2 results: Net profit surges fivefold YoY to ₹264 crore, revenue rises 18%

In the corresponding period of the previous fiscal year, it had clocked a net profit of ₹52.29 crore, the company said in a regulatory filing.

The profit growth was bolstered by the effective execution of good margin orders, sustained operational excellence, a good product mix, and increased export momentum, it said.

It witnessed a 17.94% YoY surge in its total revenue from operations to ₹1,832.55 crore during the quarter under review, as against ₹1,553.74 crore in the September quarter of FY25.

The revenue growth was driven by a continued focus on effective order execution and overall operational efficiency, the power technology firm said.

The Bengaluru-based company’s operational EBITDA (earnings before interest, tax, depreciation, and amortisation) stood at ₹291.6 crore in the second quarter of FY26, marking a 130.5% YoY jump from ₹170.2 crore in the year-ago period.

During the quarter, its total orders totaled to ₹2,217.1 crore, marking a 13.6% YoY upswing, led by large orders for gas-insulated switchgear (GIS) and air-insulated switchgear (AIS) stations and locomotive transformers.

Industries and renewables segments were the main contributors to the company’s orderbook, followed by transmission and transport. Similarly, service clocked a 35% YoY order growth.

Hitachi Energy India received export orders from utilities in Europe, data centers in Southeast Asia, and renewables in the Middle East and North America, it said.

Commenting on the earnings, N Venu, Managing Director & CEO, Hitachi Energy India Ltd., said: “The country has successfully built up its non-fossil fuel energy installed base to 50% of its electricity generation capacity. This notable milestone brings with it the challenges of seamlessly integrating intermittent, distributed energy into the national grid.”

“It is essential that we enhance the resilience, reliability, and intelligence of the whole energy ecosystem to ećectively deploy the expanding capacity. This shifts the focus to advanced grid technologies, digitalization, and integrated solutions, which are reflected in our operations and financial performance,” Venu added.

Shares of Hitachi Energy India closed 0.4% higher at ₹17,850 apiece on the National Stock Exchange (NSE) on Monday. However, the results were declared after the market closed.

Hitachi Energy India has a total market capitalisation of ₹79,561.67 crore, as of November 3, 2025, according to data on the NSE.