The Board of Directors of Hind Rectifiers Limited, in their meeting held on May 16, 2026, approved the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The standalone financial results for the quarter ended March 31, 2026, demonstrate substantial year-over-year (YoY) and quarter-over-quarter (QoQ) growth in both revenue and profit. The company reported standalone revenue of ₹2,640.20 million, representing a 42.68% increase QoQ (from ₹2,432.71 million) and a 42.68% increase YoY (from ₹1,850.49 million). Net profit stood at ₹163.81 million, a 19.32% increase QoQ (from ₹137.28 million) and a 61.41% increase YoY (from ₹101.49 million).

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Hind Rectifiers Limited is a 68-year-old Indian public company incorporated in 1958, specializing in the power electronics and rectifiers sector. The company is widely recognized for its “Perfectly Engineered Power Conversion Systems” and provides critical infrastructure solutions for railways and other industrial OEMs. In recent developments during 2025 and 2026, the company has focused on strategic expansion, including the incorporation of its subsidiary, Elventive France SAS, in September 2025 to facilitate European market penetration. Furthermore, the company has been active in capital raising, recently approving a ₹100 crore preferential issue of equity shares to Tata Mutual Fund (Small Cap Fund). Additionally, the company is known to have international investors such as Schneider Electric S.E., which holds a 13.96% stake.