HPL Electric & Power Ltd

Net profit of HPL Electric & Power rose 170.90% to Rs 37.14 crore in the quarter ended March 2025 as against Rs 13.71 crore during the previous quarter ended March 2024. Sales rose 16.14% to Rs 492.54 crore in the quarter ended March 2025 as against Rs 424.09 crore during the previous quarter ended March 2024. For the full year,net profit rose 115.27% to Rs 93.77 crore in the year ended March 2025 as against Rs 43.56 crore during the previous year ended March 2024. Sales rose 16.39% to Rs 1700.24 crore in the year ended March 2025 as against Rs 1460.86 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales492.54424.09 16 1700.241460.86 16 OPM %16.7013.02 -14.9813.15 - PBDT61.7232.97 87 169.81106.75 59 PBT51.1121.40 139 127.6468.10 87 NP37.1413.71 171 93.7743.56 115 Powered by Capital Market - Live

HPL Electric & Power announced that the Board of Directors of the Company at its meeting held on 22 May 2025, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live

HPL Electric & Power will hold a meeting of the Board of Directors of the Company on 22 May 2025.Powered by Capital Market - Live

HPL Electric & Power has received credit rating of 'IND A+/ Stable / IND A1' from India Ratings and Research for its various debt instruments. Powered by Capital Market - Live

The company stated that these orders are part of its ongoing business operations and will be executed in accordance with the terms and conditions of the respective purchase orders and supply agreements. HPL Electric & Power is a leading player and India's fastest-growing electrical and power distribution equipment manufacturer with products ranging from industrial and domestic circuit protection switchgears, cables, energy-saving meters, CFL & LED lamps. The company's standalone net profit surged 51.4% to Rs 18.08 crore on a 7.4% rise in revenue from operations to Rs 392.48 crore in Q3 FY25 over Q3 FY24.Powered by Capital Market - Live

HPL and Wirepas launch the market's first Wirepas certified In-meter gateway for RF mesh as part of complete end-to-end AMI Solution at Elecrama'25, reducingtotal cost of ownership & Best in Class Dynamic Network Management and making dedicated gateways redundant. HPL Electric & Power and Wirepas have partnered to showcase a comprehensive end-to-end smart electricity metering solution, specifically designed to meet India's demanding requirements for Advanced Metering Infrastructure for Electricity metering. The live demonstration at Elecrama in Noida, India (February 22-26, 2025), will feature market's first 'In-meter gateway' embedded in HPL's Smart meter along with Wirepas Mesh Sub-GHz connectivity and Network Management System (NMS) with an RF adapter, seamlessly connecting to the HPL's Head-end system (HES). This fully integrated solution ensures reliable, scalable, and cost-effective connectivity, offering an SLA upto 99.9%. India's smart metering rollouts rely on both cellular and RF mesh technology. Presently, RF mesh networks require dedicated gateway devices or concentrator units (DCUs) for data flow. Installing these gateways required complex surveys, planning, installation and maintenance - adding complexity and cost to the rollout and other installation practices. With this innovation, the need for dedicated gateway devices has been eliminated by integrating dual radio capability directly into some of the smart meters in the network: an 865 -868 MHz Range RF radio collects data from up to 300 smart meters over a multi-hop mesh while an LTE modem transmits data to HES over 4G. This innovative approach, known as the In-meter gateway, allows any smart meter to function as a gateway by simply upgrading its RF mesh Network Interface Card (NIC) to a dual radio NIC. By sharing a single 4G connection across 300 meters, this solution reduces cost without requiring additional hardware infrastructure.Powered by Capital Market - Live

Net profit of HPL Electric & Power rose 51.42% to Rs 18.08 crore in the quarter ended December 2024 as against Rs 11.94 crore during the previous quarter ended December 2023. Sales rose 7.36% to Rs 392.48 crore in the quarter ended December 2024 as against Rs 365.57 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales392.48365.57 7 OPM %14.1913.60 - PBDT35.2428.26 25 PBT24.4118.97 29 NP18.0811.94 51 Powered by Capital Market - Live

Net profit of HPL Electric & Power rose 54.59% to Rs 17.84 crore in the quarter ended December 2024 as against Rs 11.54 crore during the previous quarter ended December 2023. Sales rose 7.59% to Rs 384.72 crore in the quarter ended December 2024 as against Rs 357.59 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales384.72357.59 8 OPM %13.8813.21 - PBDT33.9326.74 27 PBT23.9618.31 31 NP17.8411.54 55 Powered by Capital Market - Live

HPL Electric & Power will hold a meeting of the Board of Directors of the Company on 12 February 2025.Powered by Capital Market - Live

HPL Electric Stable / CRISIL A1 (upgraded from CRISIL A-; Positive/ CRISIL A2+). Powered by Capital Market - Live