Hind Rectifiers Ltd. has landed a fresh order from Indian Railways, approximately worth ₹101 crore. The deal involves supplying essential electrical parts used in the railway ecosystem. The execution is spread out and will run through two fiscal years starting in FY 2025–26 and continuing into FY 2026–27.
Although the company has worked with the Railways before, this contract marks one of its more notable deals in recent months, especially at a time when infrastructure spending is rising.
In the March quarter, Hind Rectifiers posted a net profit of ₹9.99 crore. This is nearly double what it made during the same stretch a year earlier, when profit stood at ₹5.11 crore. The top line for the quarter reached ₹185.39 crore, up from ₹151.73 crore reported in the previous March quarter The board has proposed a final dividend of ₹2 per share, likely offering some cheer to its investors.
Hind Rectifiers has been around for a long time the company was set up back in 1958. Since then, it’s steadily built its name in the power electronics space. Beyond just semiconductors, its portfolio includes various electronic assemblies and systems that are used in railway and industrial applications.
Its work is highly specialized often operating in the background but vital to infrastructure that powers trains and electrical systems. With this new order in place, and profits heading in the right direction, the company seems well-positioned for steady growth in the near future.
For feedback and suggestions, write to us at [email protected]
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.