Weak margin dents overall profitability

Company
26 Jul 2024
5 Min read 
  • Hitachi Energy's 1QFY25 result came in below estimates due to weak margin performance.
  •  Revenue grew by 27.6% YoY, driven by strong order book and inflows.
  •  The company expects to benefit from energy transition initiatives and high-growth segments.
  •  Order inflows surged 112% YoY, led by large orders in Australia and other key markets.
  •  The company is focused on increasing exports and services, with a strong focus on digital and air-insulated switchgear.
  •  Financial outlook includes maintained order inflow and revenue estimates, but margin estimates have been cut.
Login / Open Demat Account to read the report

Never Miss Out on Hot Market Updates

Get exclusive market news delivered to your inbox - on priority