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.

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

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

Infrastructure Urban

13 Oct 2025

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

Technology

13 Oct 2025

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..