Hitachi Energy India surges as Q2 PAT rises 21% YoY
Mumbai, Nov. 13 -- Sequentially, net profit increased 8.3% from Rs 294.2 crore in Q1 FY27.
Revenue from operations surged 63.5% year on year to Rs 2,996.5 crore from Rs 1,832.6 crore. Sequentially, revenue grew 20.2% from Rs 2,493.7 crore.
Profit before tax increased 22% year on year to Rs 430.4 crore from Rs 352.9 crore. Sequentially, PBT rose 10.5% from Rs 389.5 crore.
Operational EBITDA jumped 69.5% year on year to Rs 494.4 crore from Rs 291.6 crore. Its margin improved to 16.5% from 15.9% in the year-ago quarter and 16% in Q1 FY27.
Total expenses rose 67.9% to Rs 2,622.9 crore from Rs 1,562.2 crore. Material costs increased 75.5% to Rs 1,849.5 crore, while personnel expenses rose 19.9% to Rs 186.7 crore. Other expenses increased 5...
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