Hind Rectifiers Q1 FY27 Revenue Up 20.3% YoY to ₹258.4 Cr

Hind Rectifiers Limited (Hirect Limited) reported its unaudited financial results for Q1 FY27, showcasing a 20.3% year-on-year revenue growth to INR 258.4 Cr, driven by sustained business momentum. However, consolidated EBITDA saw a decline to INR 13.2 Cr from INR 24.2 Cr in Q1 FY26, primarily due to higher employee and operating costs associated with the consolidation and scale-up of Elventive France. Consolidated PAT after Minority Interest also decreased to INR 9.4 Cr from INR 12.8 Cr. On a standalone basis, revenue grew 10.1% YoY to INR 236.4 Cr, with PAT increasing by 17.8% YoY to INR 15.1 Cr. The company secured significant orders, including for four MEMU trainsets and the Vande Metro (Namo Bharat) trainset, and expanded its international footprint with orders from the US for traction motor assemblies and IGBT converters for the mining segment. The order book stood robust at ₹739.8 crore as of July 2026.