HIRECT Hind Rectifiers Q1 FY26 results (Apr–Jun 2025) and concall
Hind Rectifiers reported a strong Q1 FY26 with revenue growing 58.5% YoY to INR214.8 crores and PAT increasing 85.5% YoY to INR12.8 crores, driven by robust order book execution and margin expansion. The company achieved an all-time high order book of over INR1,022 crores, including significant new orders for locomotive products. Management highlighted progress in indigenous propulsion systems, strategic backward integration, and diversification efforts, while acknowledging component-related supply chain bottlenecks.
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What they filed
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 |
|---|---|---|---|---|
| Revenue | 166 | 169 | 185 | 215 |
| EBITDA | 18 | 18 | 20 | 24 |
| Net profit | 10 | 10 | 10 | 13 |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





