Below are the financial statements of Hitachi Energy India, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of INR | 2024 | 2023 |
|---|---|---|
| Income | — | — |
| Revenue from operations | 52,374.9a | 44,685.1a |
| Other income | 92.9a | 151.4a |
| Total income | 52,467.8a | 44,836.5a |
| Expenses | — | — |
| Cost of raw materials, components consumed and project bought outs | -31,086a | -27,212.4a |
| Purchase of stock-in-trade | -875.9a | -856.1a |
| (Increase)/ decrease in inventories of finished goods, work-in-progress and stock-in-trade | -229.1a | -958.9a |
| Subcontracting charges | -1,834.2a | -1,505.8a |
| Employee benefits expense | -4,901.5a | -4,172.9a |
| Depreciation and amortisation expense | -900.1a | -801.6a |
| Finance costs | -465.5a | -400.9a |
| Other expenses | -9,958.5a | -9,537.5a |
| Total expenses | -50,250.8a | -43,528.3a |
| Profit before tax | 2,217a | 1,308.2a |
| Tax expense | — | — |
| Current tax | -774.1a | -359.4a |
| Adjustment of tax relating to earlier periods | -7.2a | -13.9a |
| Deferred tax charge/(credit) | -202.1a | -23.7a |
| Total tax expense | -579.2a | -369.2a |
| Profit for the year | 1,637.8a | 939a |
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