Electronic Components company Hind Rectifiers announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: The company reported revenue of Rs 2,584.48 million in Q1FY27, representing a growth of 20.33% YoY from Rs 2,147.74 million in Q1FY26, but a decrease of 7.64% QoQ from Rs 2,798.15 million in Q4FY26. Total Income: Total income for Q1FY27 stood at Rs 2,627.75 million, up 22.22% YoY from Rs 2,150.01 million in Q1FY26, and down 6.45% QoQ from Rs 2,808.99 million in Q4FY26. Profit Before Tax: The company recorded a profit before tax of Rs 116.29 million in Q1FY27, reflecting a growth of 1,274.59% QoQ from Rs 8.46 million in Q4FY26, though it declined 35.77% YoY compared to Rs 181.04 million in Q1FY26. Net Profit for the Period: Hirect Limited reported a consolidated net profit of Rs 65.01 million in Q1FY27, a turnaround compared to a loss of Rs 15.89 million in Q4FY26. However, this was a 49.07% YoY decline from the Rs 127.65 million profit reported in Q1FY26. Total Comprehensive Income: For Q1FY27, total comprehensive income was Rs 65.22 million, compared to Rs 127.80 million in Q1FY26 and a loss of Rs 13.58 million in Q4FY26. Earnings Per Share (EPS): Basic EPS after exceptional items stood at Rs 2.74 for Q1FY27, compared to Rs 1.31 in Q4FY26 and Rs 3.72 in Q1FY26. Standalone Financial Highlights: Revenue from Operations: Standalone revenue for Q1FY27 was Rs 2,363.92 million, reflecting a YoY increase of 10.06% from Rs 2,147.74 million in Q1FY26 and a QoQ decline of 10.46% from Rs 2,640.20 million in Q4FY26. Total Income: Total standalone income reached Rs 2,367.10 million in Q1FY27, compared to Rs 2,150.03 million in Q1FY26 and Rs 2,644.15 million in Q4FY26. Profit Before Tax: Standalone profit before tax was Rs 202.35 million in Q1FY27, registering a growth of 11.47% YoY and 7.54% QoQ. Net Profit: Net profit for the standalone entity stood at Rs 150.91 million in Q1FY27, a YoY growth of 17.78% from Rs 128.13 million in Q1FY26 and a QoQ decline of 7.87% from Rs 163.81 million in Q4FY26. Earnings Per Share (EPS): Basic EPS after exceptional items for standalone results was Rs 4.39 in Q1FY27, compared to Rs 4.77 in Q4FY26 and Rs 3.73 in Q1FY26. Business Highlights: Corporate Name Change: The name of the company was changed from "Hind Rectifiers Limited" to "Hirect Limited" following approval from the Ministry of Corporate Affairs with effect from July 24, 2026. Segment Performance: Engineering Products: This segment contributed Rs 2,348.50 million in Q1FY27, compared to Rs 2,147.74 million in Q1FY26. CTC/ PICC/ EPICC: This segment generated revenue of Rs 395.06 million in Q1FY27, compared to Rs 200.10 million in Q4FY26. EMS: Reported revenue of Rs 220.56 million for Q1FY27, compared to Rs 157.71 million in Q4FY26. Leadership Changes: The Board approved the appointment of Mr. Chidambaram Balakrishnan as Global Chief Executive Officer effective August 11, 2026, succeeding Mr. Douglas J. Bailey. Mr. Anil Kumar Nemani was appointed as Additional Director and Whole-Time Director, designated as Executive Director and Chief Financial Officer. International Investment: The company approved an investment in the share capital of up to 300 equity shares of AED 1,000 each in its wholly-owned subsidiary, Hirect Global Holdings Limited, UAE. Operational Note: The Continuously Transposed Conductor (CTC) Plant was identified as a separate operating and reportable segment effective November 3, 2025. Result PDF