Hind Rectifiers Q1 PAT Rises 85.5 per cent, Revenue Up 58.5 per cent

30 Jul 2025 CW Team

EBITDA rose by 66.9 per cent year-on-year to Rs 242 million, driven by an optimal product mix and effective cost control. EBITDA margins improved to 11.3 per cent, up by 60 basis points. Profit after tax surged 85.5 per cent to Rs 128 million from Rs 69 million in the same quarter last year, reflecting improved operational efficiencies and financial discipline.

Operational Highlights:

The order book reached an all-time high of Rs 10.25 billion as of 30 June 2025, primarily fuelled by expansion in the railway sector.
Secured two significant orders from Indian Railways worth Rs 1.27 billion and Rs 1.01 billion for locomotive products.
Successfully commissioned an indigenously developed propulsion system, now undergoing field trials at a designated railway shed.
Received a key order for a next-generation propulsion system for passenger locomotives and is actively pursuing further opportunities beyond the current pipeline.

The company continues to focus on indigenous innovation, execution excellence, and expanding its technological capabilities to drive sustained growth.

Commenting on the results, Suramya Nevatia, Chairman, Managing Director & CEO, said, “We are pleased to begin FY26 on a high note with 58.5 per cent revenue growth and an 85.5 per cent increase in PAT. Our robust order pipeline and growing position in the railway sector reflect our strategic strength and operational resilience.”

Additionally, the Board has approved a preferential issue of warrants worth Rs 274 million to the existing promoter group, subject to shareholder approval, to support future growth initiatives across core business segments.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Hind Rectifiers Limited, a leading manufacturer of power semiconductors, electronic equipment, and railway transportation systems, has reported a strong financial performance for the quarter ended 30 June 2025. The company’s unaudited consolidated results for Q1 FY26 show a year-on-year revenue increase of 58.5 per cent to Rs 2.15 billion, compared to Rs 1.36 billion in Q1 FY25.EBITDA rose by 66.9 per cent year-on-year to Rs 242 million, driven by an optimal product mix and effective cost control. EBITDA margins improved to 11.3 per cent, up by 60 basis points. Profit after tax surged 85.5 per cent to Rs 128 million from Rs 69 million in the same quarter last year, reflecting improved operational efficiencies and financial discipline.Operational Highlights:The order book reached an all-time high of Rs 10.25 billion as of 30 June 2025, primarily fuelled by expansion in the railway sector.Secured two significant orders from Indian Railways worth Rs 1.27 billion and Rs 1.01 billion for locomotive products.Successfully commissioned an indigenously developed propulsion system, now undergoing field trials at a designated railway shed.Received a key order for a next-generation propulsion system for passenger locomotives and is actively pursuing further opportunities beyond the current pipeline.The company continues to focus on indigenous innovation, execution excellence, and expanding its technological capabilities to drive sustained growth.Commenting on the results, Suramya Nevatia, Chairman, Managing Director & CEO, said, “We are pleased to begin FY26 on a high note with 58.5 per cent revenue growth and an 85.5 per cent increase in PAT. Our robust order pipeline and growing position in the railway sector reflect our strategic strength and operational resilience.”Additionally, the Board has approved a preferential issue of warrants worth Rs 274 million to the existing promoter group, subject to shareholder approval, to support future growth initiatives across core business segments.

Infrastructure Transport

10 Sep 2025

Versova-Bandra Sea Link Nears Completion in Mumbai

Mumbai’s western coastline is undergoing a major transformation as the Versova–Bandra Sea Link (VBSL), officially named the Swatantrya Veer Savarkar Sea Link, approaches completion.The 9.8 km, 4+4 lane motorway running parallel to the shore is expected to turn one of the city’s most congested suburban commutes into a swift coastal drive. Once operational, the VBSL will reduce travel time between Versova and Bandra to just 10–15 minutes, compared to the current 45–60 minutes.By diverting traffic from the saturated Western Express Highway and SV Road, the project is anticipated to reli..

Infrastructure Transport

10 Sep 2025

Sundarpada-Jatni Road to Be Ready by November-End

Public Works Minister Prithiviraj Harichandan has announced a November-end deadline for the completion of the Sundarpada–Jatni road project, a major connectivity initiative in the state capital region.The announcement followed an on-site review of the 13.5-kilometre stretch, during which Harichandan met senior departmental officials, the chief engineer, contractors, and local stakeholders to expedite progress. The project will convert the existing road into a four-lane corridor, improving traffic flow and easing congestion on surrounding routes.Officials also addressed parallel issues, inclu..

Infrastructure Transport

10 Sep 2025

Coimbatore’s Avinashi Road Flyover Nears Completion

Motorists along Coimbatore’s busy Avinashi Road are set for relief as the State Highways Department completes the main carriageway works of the long-awaited Avinashi Road elevated flyover project.Officials confirmed there will be no trial run, citing the bridge’s proven strength with heavy vehicles already transporting construction materials. The Special Projects Wing highlighted that deck works near Hopes Junction—executed above live railway tracks and high-tension electric lines—are now complete, marking a key milestone in the Rs 16.21 billion project. Bituminous road laying across t..