HPL Electric & Power spurts on securing smart meter orders worth Rs 370 cr

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.