Multibagger Stock, Jan. 30 -- Shares of Hitachi Energy surged 18% in early trade on January 30, to hit Rs.12,060 apiece, following the release of the company's Q3FY25 results, which surpassed street estimates. After market hours on Wednesday, the company reported a 498% year-on-year (YoY) increase in consolidated net profit for Q3, reaching Rs.137.4 crore, primarily due to a low base. Sequentially, net profit soared 162.7%, compared to Rs.52.3 crore in the previous quarter.

Revenue rose 31% YoY to Rs.1,672.4 crore in the October-December 2024 quarter, driven by a favourable execution mix and improving operational efficiencies. EBITDA for the third quarter stood at Rs.168.9 crore, resulting in a double-digit margin of 10.1%, underscoring ...