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May 14, 2026
Mumbai
• Revenue up 27.4% YoY to INR 2,394 crore
• Profit from operations (%) improves by 160 bps YoY to 19.4%
• Profit after tax up 52.4% YoY to INR 375 crore
• Order backlog up 22.2% YoY to INR 18,433 crore
Profit from operations (%) improved by 160 bps year-on-year to 19.4%, primarily driven by better operating leverage, higher export contributions, and disciplined order execution. Q2 FY2026 profit from operations (excluding forex, commodity gains, and one-time impacts) was 18.9%, up from 17.5% in Q2 FY2025.
Commenting on the Q2 FY2026 results, Guilherme Mendonca, Managing Director and Chief Executive Officer, Siemens Energy India Limited (SEIL), said: “We delivered another strong quarter with a focus on profitable growth and value creation. Despite current global scenario, Siemens Energy India Limited kept its high performance through disciplined execution of its healthy backlog. Demand momentum in India remains strong, driven by electrification, decarbonization and energy security priorities, as well as export opportunities. Our company is fully committed to supporting India’s growth journey with our capacity expansions and talent development.”
Siemens Energy India Limited (SEIL) is focused on supporting customers in transitioning to a more sustainable world. SEIL has solutions across the entire energy value chain – from power and heat generation, transmission to storage through a portfolio that includes conventional and renewable energy technology such as gas and steam turbines, hybrid power plants operated with hydrogen as well as power generators and transformers. More information is available at www.siemens-energy-india.com
Forward-looking statements: “This document contains forward-looking statements based on beliefs of Siemens' management. The words 'anticipate', ‘believe’, ‘estimate’, ‘forecast’, ‘expect’, ‘intend’, ‘plan’, ‘should’, and ‘project’ are used to identify forward looking statements. Such statements reflect the company's current views with respect to the future events and are subject to risks and uncertainties. Many factors could cause the actual result to be materially different, including, amongst others, changes in the general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing products, lack of acceptance of new products or services, and changes in business strategy. Actual results may vary materially from those projected here. Siemens does not intend to assume any obligation to update these forward-looking statements.”
