Hitachi Energy India Appoints New Communications Head Amid Strong Q1 Performance

2 min read     Updated on 30 Jul 2025, 06:03 PM
scanxBy ScanX News Team
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Overview

Hitachi Energy India Limited has appointed Ms. Seema Siddiqui as Communications & Government Relations Manager, effective August 1, 2025. The company reported impressive Q1 FY26 results, with orders up 365.40% to INR 11,339.20 crore, revenue increasing 15.30% to INR 1,529.80 crore, and PAT surging 1163.10% to INR 131.60 crore. The order backlog reached INR 29,125.30 crore, driven by significant project wins including the Bhadla-Fatehpur HVDC link and a bulk order from POWERGRID. The company maintained a double-digit Operational EBITDA margin of 11.10%, with exports contributing 24.70% to orders.

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*this image is generated using AI for illustrative purposes only.

Hitachi Energy India Limited , a global technology leader in power grids, has announced the appointment of Ms. Seema Siddiqui as Communications & Government Relations Manager and Senior Management Personnel, effective August 1, 2025. This strategic move comes as the company reports a robust financial performance for the first quarter of fiscal year 2026.

New Leadership in Communications

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, approved Siddiqui's appointment on July 30, 2025. She will serve as a member of the Country Management Committee, taking over from Ms. Manashwi Banerjee, who is transitioning to a new role within the Hitachi Energy group.

Siddiqui brings over 18 years of corporate communications experience to her new role. Her impressive career includes stints at major companies such as Microsoft, Schneider Electric, Dassault Systèmes, PwC, and ReNew. She holds a Master's degree in Applied Communication from Coventry University, United Kingdom.

Strong Financial Performance in Q1 FY26

Alongside this key appointment, Hitachi Energy India reported significant growth in its financial results for the quarter ended June 30, 2025:

Metric Q1 FY26 (INR Crore) YoY Growth
Orders 11,339.20 365.40%
Revenue 1,529.80 15.30%
Profit Before Tax (PBT) 176.90 1075.30%
Profit After Tax (PAT) 131.60 1163.10%
Operational EBITDA 170.20 176.60%

The company's order book saw an exceptional increase, primarily driven by the large project win of the Bhadla-Fatehpur High Voltage Direct Current (HVDC) link. Additionally, Hitachi Energy India secured a bulk order from POWERGRID to supply 30 units of 765-kilovolt (kV) 500 megavolt-ampere (MVA) single-phase transformers.

The order backlog reached a record INR 29,125.30 crore, providing strong revenue visibility for upcoming quarters. The company's service segment also performed well, with a 91% year-on-year order growth.

Operational Highlights

  • Revenue growth of 15.30% year-on-year was attributed to effective order execution and improved operational efficiency.
  • The company maintained a double-digit Operational EBITDA margin of 11.10%.
  • Exports contributed 24.70% to orders (excluding HVDC orders) in Q1 FY26, with new orders received from Europe, South America, and Asia.

N Venu, Managing Director & CEO of Hitachi Energy India Ltd., commented on the results: "India's ongoing efforts to integrate renewables, coupled with growth in data centers and AI, the increasing electrification needs of industry and transport continue to drive grid infrastructure development in the country. As one of the fastest growing large economies in the world, India needs to persist with deploying state-of-the-art technologies at speed and scale as it powers ahead to inspire the next era of a sustainable energy future for all."

The company's strong performance and strategic appointment position Hitachi Energy India well for continued growth in the evolving energy sector, particularly as India focuses on strengthening its power grid infrastructure to meet growing consumption demands.

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Hitachi Energy India Reports 365% Jump in Orders to INR 11,339 Crore in Q1

2 min read     Updated on 30 Jul 2025, 04:51 PM
scanxBy ScanX News Team
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Overview

Hitachi Energy India Limited announced impressive Q1 results, with orders surging 365.40% year-on-year to INR 11,339.20 crore. The growth was driven by two major wins: the Bhadla-Fatehpur HVDC link project and a bulk order from POWERGRID. Revenue increased by 15.30% to INR 1,529.80 crore, while Profit After Tax soared by 1163.10% to INR 131.60 crore. The company's order backlog reached a record INR 29,125.30 crore, providing strong future revenue visibility. Segment-wise, Services saw 91.00% YoY order growth, while exports contributed 24.70% to orders excluding HVDC.

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*this image is generated using AI for illustrative purposes only.

Hitachi Energy India Limited has announced its financial results for the first quarter, showcasing remarkable growth and a strong order book momentum. The company's performance highlights its pivotal role in India's evolving energy landscape and infrastructure development.

Unprecedented Order Growth

Hitachi Energy India reported an extraordinary surge in orders, reaching INR 11,339.20 crore for Q1. This represents a staggering 365.40% year-on-year growth, primarily driven by two significant wins:

  1. The large project win of the Bhadla-Fatehpur High Voltage Direct Current (HVDC) link
  2. A bulk order from POWERGRID for 30 units of 765kV transformers

The order backlog stood at a record INR 29,125.30 crore, providing strong revenue visibility for upcoming quarters.

Revenue and Profitability

Hitachi Energy India delivered a robust financial performance:

Metric Q1 YoY Growth
Revenue INR 1,529.80 crore 15.30%
Profit Before Tax (PBT) INR 176.90 crore 1075.30%
Profit After Tax (PAT) INR 131.60 crore 1163.10%
Operational EBITDA Margin 11.10% -

The company achieved these results through effective order execution, sustained operational excellence, a favorable product mix, and increased export momentum.

Segment Performance

  • Services: Clocked a 91.00% YoY order growth
  • Exports: Maintained consistency, contributing 24.70% to orders (excluding HVDC orders) in Q1
  • Transmission: Led the order intake
  • Rail & Metro and Data Center: Followed transmission in order contribution

Strategic Outlook

The company's performance aligns with India's broader economic and energy sector trends. Hitachi Energy India's strong Q1 results and record order backlog position it well to capitalize on the ongoing developments in India's power sector, particularly in grid infrastructure enhancement to meet the country's growing power consumption needs.

Historical Stock Returns for Hitachi Energy

1 Day5 Days1 Month6 Months1 Year5 Years
+2.26%+6.31%+6.53%+68.36%+65.83%+2,212.24%
Hitachi Energy
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