Net profit soared 79.7% year-on-year to ₹330.5 crore in the March quarter from ₹183.9 crore a year ago. Revenue from operations increased 46.2% to ₹2,754.1 crore, compared with ₹1,883.7 crore a year ago.
EBITDA climbed 74.9% year-on-year to ₹416.3 crore from ₹238 crore, while the EBITDA margin improved to 15.1% from 12.6%.
The board of directors recommended a final dividend of ₹8 per equity share of face value ₹2 each for FY26, subject to shareholders’ approval at the upcoming annual general meeting.
Separately, the company approved an additional investment of ₹2,000 crore to set up, among other projects, a greenfield large power transformer facility at Karjan in Vadodara, Gujarat.
The latest announcement takes the company’s cumulative capital expenditure commitment to ₹4,000 crore, including the capex plan announced in October 2024.
Commenting on the performance, Managing Director and CEO N Venu said the company maintained its growth momentum through operational efficiency and strong project execution. He highlighted the commissioning of India’s first HVDC city centre infeed project in Mumbai as a key development reflecting the company’s execution capabilities.
During Q4FY26, orders stood at ₹2,422.5 crore, up 10.6% year-on-year, led by HVDC control system refurbishment, grid connection solutions, transformers and disconnectors. The data centre segment remained the largest contributor to the order book, followed by rail and metro.
Exports accounted for 36.8% of total quarterly orders, with inflows from the US, Europe and APAC markets, while services contributed 23.9% to the order book through contracts related to system refurbishment, SCADA upgrades and lifecycle services.
ALSO READ | Suprajit Engineering Q4 profit jumps over 2.5x; recommends ₹2 dividend
The company said its total order backlog surged to ₹29,555.3 crore as of March 31, 2026, providing strong revenue visibility for the coming quarters.
Shares of Hitachi Energy India Limited ended 0.53%, or ₹190, higher at ₹35,745 on the NSE today, May 25, ahead of the results announcement.
ALSO READ | Stocks to Watch for May 26: RVNL, BEL, Paytm and more
(Edited by : Shoma Bhattacharjee)
First Published: May 25, 2026 8:52 PM IST
