Hitachi Energy India shares fall nearly 5% 

Hitachi Energy India shares were down 4.59%, trading at ₹13,599.45 on the NSE as of 9:40 am, despite posting strong Q2 FY25 earnings report.

Key Financial Highlights

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  • Net Profit: Surged over 111% YoY to ₹52.3 crore, up from ₹24.7 crore in Q2 FY24, driven by higher revenues.
  • Revenue: Increased 26.5% YoY to ₹1,553.8 crore, supported by a favorable order mix and efficient execution.
  • Order Intake: Grew by 11.7% YoY to ₹1,952 crore, with renewables and power quality projects leading the charge.
  • Service Growth: 65% YoY growth in the service portfolio, including major projects and extensions.
  • Exports: Accounted for 22% of total orders, with a strong demand from Europe and Africa.

The stock decline appears to be attributed to profit booking, despite record-high orders and strong quarterly performance. The order backlog of ₹8,910 crore provides robust revenue visibility for upcoming quarters, positioning the company well for future growth.

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