Hitachi Energy FY25 profit surges 134% to ₹384 cr; orders up 228% at ₹18,173 cr
New Delhi:
Hitachi Energy
India Ltd on Wednesday reported a 134 per cent year-on-year rise in
profit after tax
(PAT) at ₹384 crore for the financial year ended March 31, 2025. Orders rose 228 per cent to ₹18,173.8 crore during the year, while revenue increased 23 per cent to ₹6,442.1 crore.
For the quarter ended March 31, 2025, the company reported a 61.8 per cent year-on-year increase in PAT at ₹183.9 crore. Profit before tax (PBT) during the quarter rose 62.1 per cent to ₹246.7 crore. Revenue for Q4FY25 stood at ₹1,921.9 crore, up 13.1 per cent from the year-ago period.
Operational EBITDA for Q4 rose 36.5 per cent year-on-year to ₹235.6 crore, with a margin of 12.3 per cent. The board recommended a final dividend of ₹6 per equity share (300 per cent), subject to shareholders' approval.
The company's order backlog at the end of the year stood at ₹19,245.9 crore.
'A strategic approach and our adaptability to the rapidly changing global economic landscape have enabled us to sustain our growth momentum,' said N Venu, MD & CEO, Hitachi Energy India Ltd.
He added, 'The increasing prominence of electricity in the global energy system will continue to drive the energy transition, making it a focal point of the world's economic growth despite geopolitical dynamics. This growth phenomenon will ensure more capital flow in the energy sector to meet burgeoning demand. At Hitachi Energy India Ltd., we foresee these opportunities and are well-positioned to leverage them.'
Order inflows for Q4FY25 stood at ₹2,190.8 crore, up 55.7 per cent year-on-year. Orders were led by the transmission and renewables sectors, followed by industrial, rail, and metro segments. Key orders included a large statcom order from a leading transmission company and India's first made-in-India Variable Shunt Reactor.
Export and service orders also contributed significantly, with demand from South Asia, Europe, and Africa. Service contracts included grid compliance studies, digital service agreements, SCADA upgrades, and maintenance work.
During FY25, the company reduced energy consumption by 6 per cent and freshwater usage by 4 per cent. Waste disposal was reduced by 17 per cent through improved recycling of hazardous waste.
The company marked 75 years of operations in India and announced an investment of ₹2,000 crore over the next four to five years for capacity expansion. It raised ₹2,520.82 crore via a Qualified Institutional Placement (QIP) to support this plan.
From April 1, 2025, the company launched a dedicated service business unit to provide asset lifecycle support from installation to end-of-life services across sectors.
Hitachi Energy noted that India added 30 GW of
renewable energy
capacity in FY25 and said long-term demand for electricity remains strong. The company stated that HVDC infrastructure will be key to integrating future clean energy projects.
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