Hitachi Energy India Projects Sustained Double-Digit Growth in Operating Profit

Hitachi Energy India is poised for continued success, according to CEO N Venu, who expects the company to maintain its double-digit growth in margin and operational profitability in the upcoming quarters. This optimistic outlook comes on the heels of the company's impressive quarterly performance, which saw significant improvements across key financial metrics.

Strong Quarterly Results

The company's latest financial results showcase a remarkable turnaround:

Metric	Current Quarter	Previous Year	Change
Margin	16.30%	7.10%	+9.20 percentage points
Ebitda	Rs 299.00 crore	Rs 110.00 crore	+171.82%
Revenue	Rs 1,833.00 crore	-	+17.90%
Net Profit	Rs 264.00 crore	Rs 52.30 crore	+404.78%

Growth Drivers

N Venu attributed the company's strong performance to multiple factors:

Robust domestic revenue growth
Positive tailwinds from energy transition
Increased manufacturing localization
Strong export momentum
Expansion of the services business unit

Market Position and Future Outlook

Hitachi Energy India has established a significant market presence with over 60,000 installed payments. The company anticipates growing faster than the market average, indicating a strong competitive position.

Ahead of Schedule

It's worth noting that Hitachi Energy has achieved its double-digit Ebitda growth target ahead of the previously guided two-year timeline, demonstrating the company's ability to exceed expectations and deliver on its strategic objectives.

As the energy sector continues to evolve, Hitachi Energy India appears well-positioned to capitalize on emerging opportunities and maintain its growth trajectory in the coming quarters.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+3.25%	+17.35%	+18.90%	+42.12%	+45.35%	+2,111.94%

Hitachi Energy India has responded to the Bombay Stock Exchange's (BSE) inquiry regarding the significant increase in trading volume of its securities across exchanges. The company maintains that the surge in trading activity is purely market-driven and not influenced by any undisclosed material information.

Company's Response

In a formal communication to the BSE, Hitachi Energy India stated:

All material information and price-sensitive events have been disclosed as required under SEBI regulations.
The company has not withheld any material information that could impact share price or volume behavior.
Management believes the volume surge is solely attributable to market forces.

Regulatory Compliance

Hitachi Energy India emphasized its commitment to transparency and regulatory compliance. The company assured that it has been and will continue to intimate the Exchanges of all events and information that have a bearing on the company's operation and performance, including price-sensitive information, in accordance with Regulation 30 of the SEBI (LODR) Regulations, 2015.

Market Implications

While the exact reasons for the sudden increase in trading volume remain unclear, Hitachi Energy India's statement suggests that there are no undisclosed corporate developments driving the surge. Investors and market observers may need to look at broader market trends or sector-specific factors to understand the increased interest in the company's shares.

This response from Hitachi Energy India serves as a reminder of the importance of corporate transparency and the regulatory mechanisms in place to ensure fair market practices. It also highlights how companies are required to address and clarify unusual market activities to maintain investor confidence and market integrity.

As the situation continues to evolve, investors are advised to stay informed and make decisions based on comprehensive market analysis and official company communications.