Hitachi Energy India Q3 results: Company posts multi-fold rise in net profit at Rs 23 crore
"Profit after tax (net profit) was at Rs 23 crore (in October-December 2023), clocking a recovery of 400 per cent year-on-year on a low base," a company statement said. In the October-December period of 2022, Hitachi Energy India had reported a net profit of Rs 4.6 crore.
The company's revenues increased to Rs 1,276.4 crore in the quarter under review, from Rs 1,041 crore in the same period a year ago. Image Courtesy: Reuters.