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HPL Electric & Power Ltd Q3 FY25 Results

HPLQ3 FY25 Results
Filing
MetricValue ( Cr)vs Q2 FY25
Revenue392.487.1%
Total Income393.437.0%
Expenditure369.016.3%
PBT24.4116.1%
Net Profit18.0916.2%
OPM-2.24%1.33pp
NPM4.60%0.50pp
EPS2.8116.1%
View full financials

HPL Electric & Power Posts Q3 & 9M FY25 Performance: 51% Q3 PAT Growth, and 90% Rise in 9M PAT, ₹3,400+ Cr Order Book

12 Feb 2025 · 12 Feb 2025, 11:22 pm

Summary

HPL Electric & Power Ltd. has reported a 51.42% increase in Profit After Tax (PAT) in Q3 FY25, and an 89.59% increase in PAT in 9M FY25. The company demonstrated a 16.5% year-over-year increase in revenue from operations in 9M FY25, and a 20% increase in gross profit in the same period. The Metering & Systems segment showed a 27.6% growth in 9M FY25 and 19.7% in Q3 FY25. The company's order book stands at ₹3,400+ crore.

Key Highlights

  1. 1

    51.42% increase in Profit After Tax (PAT) in Q3 FY25

  2. 2

    89.59% increase in PAT in 9M FY25

  3. 3

    16.5% year-over-year increase in revenue from operations in 9M FY25

  4. 4

    20% increase in gross profit in 9M FY25

  5. 5

    Robust order book of ₹3,400+ crore

  6. 6

    27.6% growth in smart meters in 9M FY25

  7. 7

    24% growth in wires in 9M FY25

  8. 8

    21% growth in domestic switchgears in 9M FY25

  9. 9

    25% growth in 9MFY25 for wires & cables

  10. 10

    21% growth for 9MFY25 in domestic switchgear

  11. 11

    Improved earnings per share with EPS at Rs 8.81 during 9M FY25 compared to Rs 4.64 during 9M FY24

Management Comments

M

Mr. Gautam Seth

CFO and Joint Managing Director of HPL Electric & Power Ltd.

Despite a decelerating pace of economic growth being experienced, we continue to lead India’s smart metering transformation, backed by a robust ₹3,400+ crore order book. Our focus on R&D, capacity expansion, and operational excellence is driving strong financial performance and sustainable growth. Growth in domestic switchgear and wires & cables, along with a growth recovery in LED lighting, reflects our resilience amid industry-wide price pressures. While finance costs and expenses remain areas of focus, we are actively pursuing efficient, cost optimization, and strategic investments to boost profitability.

Informational and educational content only. Not investment advice.