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Aug 4, 2025
Mumbai• New Orders up 94% at INR 3,290 crore
• Revenue up 20% with strong margin of 17.6%
• Profit after Tax up 80%
• Capex of INR 280 crore in manufacturing capacity of High-Voltage Switchgear products
New Orders growth primarily due to large orders received during the quarter given the robust demand both in domestic as well as export markets. Revenue has developed well on the back of strong and healthy order backlog. Q3 Profit margin was in line with the normalized margin of the first half i.e. before considering favorable one-time impacts and stamp duty/other transfer charges (on account of transfer of assets from Siemens Limited).
The Company announced an investment of INR 280 crore in a phased manner in manufacturing capacity expansion of High-Voltage Switchgear products at its Aurangabad factory. This expansion will enable the Company to meet the growing demand for power transmission equipment, both in India and globally.
Guilherme Mendonca, Managing Director and Chief Executive Officer, Siemens Energy India Limited, said: “Our new orders grew by an exceptional 94% on the back of a strong domestic market and rising exports. Healthy order backlog and continuous operational excellence helped us post robust results for the quarter and for the nine months of the fiscal year. I thank our customers for their trust in Siemens Energy to support their energy transition journey. We continue to add capacity in our Power Transmission business to serve the increasing demand for High-Voltage Switchgear products, not just in India but also globally. With this investment, we are proud to demonstrate our Company’s continued commitment to supporting India’s energy transition and the Government of India’s Make in India and Aatmanirbhar Bharat vision."
Siemens Energy India Limited (SEIL) is focused on being the most-valued energy technology company 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."
