Hirect Ltd Reports Highest-Ever Quarterly Revenue of ₹294.3 Cr
Hirect Limited announced its unaudited financial results for the quarter and half-year ended September 30, 2026. The company achieved its highest-ever quarterly revenue of ₹294.3 crore (Q2FY27) and half-yearly revenue of ₹530.7 crore (H1FY27) on a standalone basis, marking year-on-year growth of 29.6% and 20.1% respectively. Consolidated revenue also saw significant growth, reaching ₹315.7 crore for Q2FY27 and ₹574.1 crore for H1FY27. Profitability was impacted by elevated raw material costs, supply-chain disruptions, and investments in human capital. Key operational highlights include receiving CTC and PICC approvals from Indian Railways and inclusion in RDSO's UVAM list. The company maintains a strong order book of ₹795.2 crore as of September 2026.
Key Highlights
- Highest-ever quarterly revenue of ₹294.3 Cr (standalone) and ₹315.7 Cr (consolidated).
- Standalone revenue grew 29.6% YoY in Q2FY27 and 20.1% in H1FY27.
- Order book stands at ₹795.2 Cr, providing strong future revenue visibility.
- Received key approvals from Indian Railways and RDSO for railway sector supplies.
- Profitability impacted by raw material costs and operating expenses.
Price Impact
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