Page 144 - Hitachi IR 2025

BOARD’S REPORT
Board’s Report
Dear Members,
The Board of Directors is pleased to present the 6th Integrated Annual Report covering the business and operations
of Hitachi Energy India Limited (“the Company”) along with the Company’s audited financials for the year ended
March 31, 2025.
1. FINANCIAL SUMMARY AND HIGHLIGHTS:
(Amount in ` Crores)
FY 2024-25 FY 2023-24
Particulars
From April 01, 2024
to March 31, 2025
From April 01, 2023
to March 31, 2024
Revenue from Operations 6,384.93 5,237.49
Add: Other Income 57.17 9.29
Total Income 6,442.10 5,246.78
Less: Total Expenses 5,925.71 5,025.08
Profit before tax 516.39 221.70
Tax expense 132.41 57.92
Profit after tax 383.98 163.78
Add: Other Comprehensive Income (4.42) (4.81)
Total Comprehensive Income 379.56 158.97
Balance brought forward from the previous year 835.87 691.31
Amount available for appropriation 1,215.43 850.28
Appropriations:
Equity dividend paid (16.95) (14.41)
Balance carried forward 1,198.48 835.87
Key ratios:
Earnings per share (`) 90.36 38.64
2. PERFORMANCE REVIEW:
During the financial year ended
March 31, 2025, orders touched `18,173.80 Crores
as against `5,536.30 Crores during the year ended
March 31, 2024. The orders witnessed a healthy
growth reflecting the technology push and
continued traction in grid integration, transformers
and high voltage products. The order backlog at
the end of the year stood at `19,245.95 Crores
(March 31, 2024 was `7,229.53 Crores) which
continued to provide visibility to the future revenue
streams. The total income for your Company for
the financial year ended March 31, 2025 stood at
`6,442.10 Crores (March 31, 2024 was `5,246.78
Crores), reflecting stability of operations. Profit
before tax was `516.39 Crores (March 31, 2024
was `221.70 Crores). Accordingly, net profit after
tax was `383.98 Crores (March 31, 2024 was
`163.78 Crores). The earnings per share for the
financial year ended March 31, 2025 stood at
`90.36 (March 31, 2024 was `38.64).
142 Hitachi Energy India Limited
For detailed analysis of the performance, including
industry overview, changes and outlook, please
refer to the Management’s Discussion and Analysis
section of this Report.
There has been no change in the nature of business
during the financial year under review.
3. MANAGEMENT DISCUSSION AND ANALYSIS:
Management Discussion and Analysis for the year
under review, as stipulated under the Securities and
Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI
Listing Regulations”), is presented in Annexure-A,
forming part of the Board’s Report.
4. QUALIFIED INSTITUTIONAL PLACEMENT (QIP):
Your Company has been on a consistent growth
trajectory, as reflected in its financial and operational