HPL Electric & Power's Q1 FY 2025-26 Quarterly Results

Result Summary

• HPL Electric & Power Ltd reported a 9.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 2.4%.
• Its expenses for the quarter were down by 11.2% QoQ and 3.1% YoY.
• The net profit increased 34.7% QoQ and increased 8.5% YoY.
• The earnings per share (EPS) of HPL Electric & Power Ltd stood at 2.9 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

HPL Electric & Power Ltd is a leading Indian company engaged in the manufacturing and distribution of a wide range of electrical equipment. The company's primary products include metering solutions, switchgear, lighting equipment, and wires and cables. HPL Electric & Power Ltd operates in the electrical equipment industry, providing solutions for both residential and industrial applications. The company is known for its innovation and quality in electrical products, helping it maintain a competitive position in the market. Recent developments in the company, if any, are not available in the provided data.

Revenue

In the first quarter of fiscal year 2026 (Q1FY26), HPL Electric & Power Ltd reported a total income of ₹384.21 crores. This represents a decrease of 9.8% compared to the previous quarter (Q4FY25), where the total income was ₹425.83 crores. Year-over-year, the company's total income decreased by 2.4% from ₹393.69 crores in the first quarter of fiscal year 2025 (Q1FY25). This data indicates fluctuations in the company's revenue over the past year and quarter. The decrease in total income both QoQ and YoY may reflect various factors impacting the company's revenue streams.

Profitability

HPL Electric & Power Ltd's profitability showed notable changes in Q1FY26. The company achieved a Profit Before Tax (PBT) of ₹25.02 crores, an increase of 16.9% from the previous quarter's PBT of ₹21.40 crores. Year-over-year, PBT increased by 8.7% from ₹23.01 crores in Q1FY25. The Profit After Tax (PAT) for Q1FY26 was ₹18.48 crores, marking a significant increase of 34.7% compared to Q4FY25's PAT of ₹13.72 crores. Year-over-year, PAT increased by 8.5% from ₹17.03 crores in Q1FY25. These figures highlight the company's ability to improve its profitability despite decreasing revenues. The earnings per share (EPS) for Q1FY26 was ₹2.90, which grew by 38.1% QoQ and 11.5% YoY.

Operating Metrics

The total expenses for HPL Electric & Power Ltd in Q1FY26 were ₹359.20 crores, reflecting a decrease of 11.2% from the previous quarter's expenses of ₹404.43 crores. Year-over-year, expenses decreased by 3.1% from ₹370.69 crores in Q1FY25. The reduction in expenses both QoQ and YoY suggests efficient cost management during the period. The company's tax liability for Q1FY26 was ₹6.54 crores, which decreased by 14.8% from Q4FY25's tax of ₹7.68 crores but increased by 9.4% compared to Q1FY25's tax of ₹5.98 crores. The decrease in tax expenses QoQ, alongside the increase in PBT and PAT, is a notable aspect of the company's operating metrics for the period.