Hitachi Energy India Ltd (formerly known as ABB Power Products and Systems India Ltd.) was created in 2019 as a Joint Venture between Hitachi and ABB’s Power Grids. The company serves utility and industry customers, with a complete range of engineering, products, solutions, and services in areas of Power technology.
Financial Results:
- Hitachi Energy India Ltd reported Revenues for Q1FY23 of ₹1,040.06 Crores up from ₹985.99 Crore year on year, a rise of 5.48%.
- Total Expenses for Q1FY23 of ₹1,039.62 Crores up from ₹989.21 Crores year on year, a rise of 5.1%.
- Consolidated Net Profit of ₹2.41 Crores up 79.85% from ₹1.34 Crores in the same quarter of the previous year.
- The Earnings per Share is ₹0.57, up 78.12% from ₹0.32 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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