Hitachi Energy Q2 net profit rises 21%

GreyOak summary

Hitachi Energy reported a 21% rise in Q2 net profit to Rs 318.5 crore and a 63.5% revenue surge to Rs 2,996.5 crore. Orders jumped 85.9% to Rs 4,120.8 crore, driven by transmission and data center segments. The company secured a record backlog of Rs 33,335.4 crore, with exports growing 41% year-on-year.