Page 227 - Hitachi IR 2025

Statement of profit and loss for the year ended March 31, 2025
All amount in Indian Rupees in Crores, except as stated otherwise
Notes For the year ended
March 31, 2025
For the year ended
March 31, 2024
Income
Revenue from operations 23 6,384.93 5,237.49
Other income 24 57.17 9.29
Total income 6,442.10 5,246.78
Expenses
Cost of raw materials, components consumed and project bought outs 25 3,546.11 3,108.60
Purchase of stock-in-trade 143.40 87.59
Decrease / (increase) in inventories of finished goods, work-in- progress
and stock-in-trade
26 5.96 22.91
Subcontracting charges 270.22 183.42
Employee benefits expense 27 544.76 490.15
Depreciation and amortisation expense 28 91.35 90.01
Finance costs 29 45.24 46.55
Other expenses 30 1,278.67 995.85
Total expenses 5,925.71 5,025.08
Profit before tax 516.39 221.70
Tax expense:
Current tax 9 158.09 77.41
Adjustment of tax relating to earlier periods 9 - 0.72
Deferred tax credit 9 (25.68) (20.21)
Total tax expense 132.41 57.92
Profit for the year 383.98 163.78
Other comprehensive income/(loss)
Items that will not be reclassified to profit or loss in subsequent periods:
Remeasurement gains / (losses) on defined benefit plans 32 (5.90) (6.43)
Income tax effect 9 1.48 1.62
Other comprehensive income for the year/(loss), net of income tax (4.42) (4.81)
Total comprehensive income for the year, net of income tax 379.56 158.97
Earnings per equity share of face value of ` 2 each 31
Basic and diluted (`) 90.36 38.64
Summary of material accounting policies 2
The accompanying notes are an integral part of the financial statements
As per our report of even date
For S.R. Batliboi & Associates LLP Chartered Accountants Firm registration number: 101049W/E300004 For and on behalf of the Board of Directors of
Hitachi Energy India Limited
Corporate identity number (CIN) : L31904KA2019PLC121597
per Sandeep Karnani Partner Achim Michael Braun Nuguri Venu Mukesh Hari Butani
Chairman & Director Managing Director & CEO Director
Membership no. 061207 DIN: 08596097 DIN: 07032076 DIN: 01452839
Ajay Singh Poovanna C Ammatanda
Chief Financial Officer General Counsel & Company
Secretary (FCS4741)
Place: Bengaluru Place: Bengaluru
Date: May 14, 2025 Date: May 14, 2025
Integrated Annual Report 2024-25
225