Johnson Controls-Hitachi Air Conditioning India Limited reported a net profit of ₹560.7 million for the quarter ended June 30, 2025, compared to ₹152.5 million in the same quarter last year. The board of directors also declared an interim dividend of ₹36 per share.
| Particulars | Q1 FY26 | Q1 FY25 | YoY Change | Q4 FY25 |
|---|---|---|---|---|
| Revenue from Operations | 9,325.7 | 8,526.3 | +9.38% | 9,959.6 |
| Other Income | 35.8 | 53.0 | -32.45% | 105.5 |
| Total Income | 9,361.5 | 8,579.3 | +9.12% | 10,065.1 |
| Cost of Materials Consumed | 5,921.6 | 3,410.8 | +73.61% | 4,424.3 |
| Purchase of Stock-in-trade | 1,135.5 | 1,104.7 | +2.79% | 790.4 |
| Changes in inventories of finished goods, stock-in-trade and work-in-progress | (549.7) | 1,574.1 | - | 2,128.9 |
| Employee Benefits Expense | 524.8 | 543.6 | -3.46% | 445.4 |
| Finance Costs | 14.9 | 16.1 | -7.45% | 14.9 |
| Depreciation and Amortisation Expense | 175.0 | 156.3 | +11.96% | 165.7 |
| Other Expenses | 1,376.5 | 1,528.8 | -10.09% | 1,604.9 |
| Total Expenses | 8,598.6 | 8,334.4 | +3.17% | 9,574.5 |
| Profit before Exceptional Items and Tax | 762.9 | 244.9 | +211.51% | 490.6 |
| Profit Before Tax | 762.9 | 211.9 | +259.94% | 490.6 |
| Current Tax (net) | 6.0 | 6.1 | -1.64% | 5.4 |
| Deferred Tax Charge | 191.5 | 53.3 | +259.29% | 123.7 |
| Profit for the period | 560.7 | 152.5 | +267.67% | 361.5 |
| Total Comprehensive Income for the period | 550.0 | 145.8 | +277.23% | 366.0 |
| Paid-up Equity Share Capital | 271.9 | 271.9 | 0.00% | 271.9 |
| Earnings per share - Basic and Diluted (in Rs.) | *20.6 | *5.6 | +267.86% | *13.3 |
Financial Performance
The company's revenue from operations for the quarter ended June 30, 2025, stood at ₹9,325.7 million, compared to ₹8,526.3 million for the quarter ended June 30, 2024, representing a growth of 9.38%. Total income for the quarter was ₹9,361.5 million, up from ₹8,579.3 million in the corresponding quarter of the previous year.
Total expenses for the quarter amounted to ₹8,598.6 million, compared to ₹8,334.4 million in the same quarter last year. The profit before tax increased significantly to ₹762.9 million, compared to ₹211.9 million in the previous year.
Segment Performance
The Cooling products for comfort and commercial use segment reported revenue of ₹9,185.4 million for the quarter ended June 30, 2025, compared to ₹8,375.9 million for the quarter ended June 30, 2024. The Design and development services segment reported revenue of ₹225.5 million for the quarter ended June 30, 2025, compared to ₹239.7 million for the quarter ended June 30, 2024.
Interim Dividend
The Board of Directors have declared an interim dividend on equity shares of ₹36 per share.
Additional Notes
The company had a fire at one of its warehouses during the quarter, resulting in an estimated inventory loss of ₹311.0 million. The company has adequate insurance coverage for the loss, and the insurance claim process is ongoing. The company has recognized an equivalent amount as insurance claim receivable.
