Hitachi Energy India June quarter net profit jumps 79.85% to Rs 2.41 cr

Hitachi Energy India Ltd (HEIL) on Tuesday posted a 79.85 per cent jump in net profit at Rs 2.41 crore in the April-June quarter of 2023-24, on account of higher income.

It had posted a net profit of Rs 1.34 crore in the corresponding period of 2022-23, the company said in a regulatory filing.

The total income also increased to Rs 1,043 crore from Rs 991.32 crore in the year-ago quarter.

Expenses soared to Rs 1,039.62 crore in the first quarter of FY24, as against Rs 989.21 crore a year ago.

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