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August 06, 2026
Mumbai
• Profit from operations (%) improves by 430 bps YoY to 21.9%
• Order backlog up 16.4% YoY to INR 19,331 crore
Revenue witnessed solid growth increasing 39.3% to INR 2,486 crore primarily supported by robust order backlog and execution. Profit from operations (%) also improved by 430 bps year-on-year to 21.9%, primarily driven by better operating leverage, higher export contributions, and disciplined order execution.
Commenting on the Q3 FY2026 results, Guilherme Mendonca, Managing Director and Chief Executive Officer, Siemens Energy India Limited (SEIL), said: "Our strong Q3 FY2026 performance underscores the resilience of our business model and the disciplined execution of our strategy. Healthy revenue growth, expanding profitability, and a robust order backlog provide a solid foundation for sustained value creation. With India adding more than 30 GW of renewable energy capacity in the first half of CY2026 and power demand rising globally - driven by electrification, industrial growth, and AI-enabled data centers – the need for stronger, smarter, and more flexible energy infrastructure has never been greater. As a company committed to helping realize the Viksit Bharat vision, Siemens Energy India Limited is uniquely positioned to support this transformation through its innovative grid technologies, grid flexibilization solutions, and advanced power generation portfolio. Backed by technology leadership, local manufacturing capabilities, and execution excellence, we remain committed to enabling our customers' energy transition journeys, while delivering profitable and sustainable growth.”
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.”
