Hitachi Energy India Q4 Results Live : profit rise by 123.7% YOY

Hitachi Energy India Q4 Results Live : Hitachi Energy India announced their Q4 results on 21 May, 2024, showcasing a significant increase in both revenue and profit compared to the previous year.

The company's revenue surged by 27.08% year-over-year, indicating a strong growth trajectory. Additionally, the profit witnessed an impressive growth of 123.7% year-over-year, reflecting the company's operational efficiency and financial strength.

Quarter-on-quarter, the revenue saw a growth of 33.05%, while the profit soared by 394.82%, highlighting a robust performance in the last quarter.

Despite the increase in revenue and profit, the Selling, general & administrative expenses also rose, showing a 17.24% increase quarter-on-quarter and a 30.83% increase year-on-year.

The operating income of Hitachi Energy India exhibited a remarkable increase of 252.22% quarter-on-quarter and 115.44% year-on-year, underscoring the company's operational effectiveness.

The Earnings Per Share (EPS) for Q4 stood at ₹26.82, marking a significant growth of 123.9% year-on-year, which is a positive indicator for the company's profitability.

In terms of market performance, Hitachi Energy India delivered impressive returns with 10.68% in the last week, 134.25% in the last 6 months, and 105.76% year-to-date return, showcasing strong investor confidence.

Currently, Hitachi Energy India commands a market capitalization of ₹45908.25 Cr with a 52-week high/low of ₹12379.6 & ₹3738.65 respectively, reflecting a stable market position.

Analysts covering the company have mixed ratings, with 3 analysts giving a Strong Sell rating, 3 analysts giving a Buy rating, and 1 analyst giving a Strong Buy rating, indicating varying opinions on the company's performance and future prospects.