Q1 earnings: 19 NIFTY500 firms post 50% revenue, 100% profit growth; Hitachi, Eternal, Netweb among top 5

Vedanta, Chennai Petroleum, Eternal, HFCL and Netweb Technologies are among the 19 companies in the NIFTY500 index that have posted revenue growth of over 50% and net profit growth of 100% in the first quarter of the current financial year, data from Ace Equity showed.

Other key names on the list include Hitachi Energy, Jio Financial Services, Neuland Laboratories, Hindustan Zinc, Mangalore Refinery and Petrochemicals, OFSS and Syrma SGS Technology.

Hitachi Energy

The country’s leading heavy electrical equipment maker, post-market hours on Friday, reported a net profit of ₹294 crore in the April-June period, marking an upside of 123% from ₹ ₹132 crore in the same period last year on the back of a surge in electrification in the country.

Its revenue from operations rose 69% to ₹2,494 crore in the first quarter of the current financial year from ₹1,479 crore a year earlier.

The Bengaluru-based company reported strong operational performance as its earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose 135% to ₹364 crore and its EBITDA margin improved by 4.1 percentage points to 14.58% at the end of the June quarter.

“Hitachi Energy India Limited started the new financial year (FY) on a strong note, building on the growth momentum of the preceding FY. The country has seen a surge in electrification driven by transport, manufacturing, digital infrastructure, and the clean energy industry. India’s growing domestic power demand and structural advantages provide a significant opportunity for the energy sector,” the company said in a press release.

Great Eastern Shipping

The country’s leading shipping company reported its highest-ever net profit of ₹1,309 crore in the April-June period, marking an increase of 159% from ₹504.50 crore in the same period last year.

The company’s revenue from operations surged 71% to ₹2,286 crore at the end of Q1 from ₹1,337 crore in the year-ago period.

During the quarter, Great Eastern Shipping delivered its 2007 built Medium Range Tanker named Jag Prakash, which was contracted for sale in the earlier quarter.

The company also took delivery of a second hand Kamsarmax Dry Bulk Carrier built in 2014, renamed as Jag Abhishek. It also took delivery of a second-hand Medium Range Tanker built in 2014, renamed as Jag Prabhu, and it contracted to buy a second-hand Long Range 2 Tanker built in 2015, renamed as Jag Laxman.

Eternal

The company had posted a consolidated net profit of ₹25 crore in the corresponding quarter last fiscal. Sequentially, profit fell 47.13%.

Its consolidated revenue from operations in the first quarter stood at ₹20,211 crore against ₹7,167 crore in the year-ago period, it added. Sequentially, revenue surged 16.88%.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation) surged 416.52% to ₹594 crore for the quarter under review from ₹115 crore in the year-ago period.

EBITDA margin stood at 2.94% vs 1.69% a year back.

Netweb Technologies

Its sales surged 172.13% to ₹819.68 crore in the April-June quarter of FY27, from ₹301 crore in Q1 FY26.

Sequentially, profit advanced 20.87% while revenue grew 5.94%.

On the operational level, the company's earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at ₹121 crore, reflecting a growth of 169.08% from ₹45 crore in Q1 FY26. The EBITDA margin was at 14.70% vs 14.87% a year back.

The company's income from AI systems stood at ₹510.57 crore, up 484.20% YoY over Q1 FY26.

RR Kabel

The revenue from core operations of the electrical cables maker advanced 54% YoY to ₹3,168 crore in the June quarter results of the current fiscal year, from ₹2,058 crore in the same quarter of the previous year.