Quarterly Result14 Nov 2025, 06:23 pm
HPL Electric & Power Reports 30% Growth in Consumer & Industrial Segment; 3300+ Crore Smart Meter Order Book Ensures Multi-Year Visibility
AI Summary
HPL Electric & Power Ltd. reported its Q2 and H1 FY26 performance, showing a 3% YoY growth in Q2 revenue to ₹434.45 crore and a stable H1 revenue at ₹817.48 crore. The company demonstrated margin expansion, cost efficiency, and strong growth in the Consumer & Industrial segment, which now contributes 47% of consolidated revenue. HPL maintains a robust order book of over ₹3,300 crore, ensuring long-term execution visibility and reinforcing its leadership position in India's smart metering transformation.
Key Highlights
- 3% YoY growth in Q2 revenue to ₹434.45 crore
- 30.0% YoY growth in Consumer & Industrial segment in Q2
- Robust order book of over ₹3,300 crore
- Strong gross margin expansion and EBITDA margin improvement
- Continued expansion in Wires & Cables and Lighting & Electronics segments