Hitachi Energy India Shares Jump 9% After Q2 Results
Hitachi Energy India shares rallied over 9% on Friday after the company reported strong financial results for the September 2026 quarter, driven by higher revenue, robust orders and sustained demand for power infrastructure. The stock climbed 9.2% to an intraday high of ₹31,194.95 on the BSE following the announcement. The company reported a 21% year-on-year increase in net profit to ₹318.5 crore…
Hitachi Energy India's shares surged more than 9% on Friday following the company's impressive Q2 2026 financial results. The stock reached an intraday peak of ₹31,194.95 on the BSE. Net profit jumped 21% year-on-year to ₹318.5 crore, while revenue surged 64% to ₹2,997 crore. EBITDA increased 36.4% to ₹406.3 crore, but the EBITDA margin fell to 13.6%, suggesting profitability lagged revenue growth.
New orders jumped 85.9% to ₹4,120.8 crore, with utilities driving demand for power equipment and data centers emerging as a key growth area. Exports also expanded 184% in the first half of FY27. Managing Director and CEO N Venu highlighted the company's focus on infrastructure expansion and capability strengthening to seize emerging opportunities.
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