Hitachi Energy India Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2023
May 24, 2023 at 05:10 am EDT
Share
Hitachi Energy India Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 12,928.3 million compared to INR 10,857.7 million a year ago. Revenue was INR 13,363 million compared to INR 11,421.3 million a year ago. Net income was INR 508.1 million compared to INR 516.8 million a year ago. Basic earnings per share from continuing operations was INR 11.99 compared to INR 12.19 a year ago. Diluted earnings per share from continuing operations was INR 11.99 compared to INR 12.19 a year ago.
For the full year, sales was INR 43,345 million. Revenue was INR 44,836.5 million. Net income was INR 939 million. Basic earnings per share from continuing operations was INR 22.16. Diluted earnings per share from continuing operations was INR 22.16.
Hitachi Energy India Ltd is an India-based power technology company, which is engaged in providing a comprehensive grid portfolio across the entire value chain. The Company provides products and solutions, including asset & work management, cable accessories, capacitors and filters, communication networks, cooling systems, disconnectors, energy storage, generators circuit-breakers (GCB), semiconductors, substation automation, protection & control, substations & electrification, surge arresters, transformers, transformer insulation and components, and high voltage switchgear and breakers and others. It also provides service and consulting, such as install & commission, assess & secure, train & develop, parts & maintain, upgrade, repair & extend, sustain & decarbonize and replace & decommission. Its consulting services provide a comprehensive combination of business, functional, and technical expertise. Its transportation solutions include railway, eMobility, aviation and marine.
HITACHI ENERGY INDIA LIMITED 
