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Hitachi Energy India Ltd Q1FY25; 400% rise in Profits

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 Q1FY25 of ₹1,327.00 Crores up from ₹1,040.00 Crore year on year, a rise of 27.6%.

Total Expenses for Q1FY25 of ₹1,312.00 Crores up from ₹1,039.00 Crores year on year, a rise of 26.28%.

Consolidated Net Profit of ₹10.00 Crores up 400.0% from ₹2.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.46, up 331.58% from ₹0.57 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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