Siemens Energy India Q2 FY26: Revenue up 27.4% YoY to ₹2,394 Cr; PAT up 52.4%
Siemens Energy India reported a 27.4% YoY revenue increase to ₹2,394 crore for Q2 FY26. Profit from operations rose 38.9% to ₹464 crore, and PAT grew 52.4% to ₹375 crore. The order backlog increased 22.2% YoY to ₹18,433 crore. Management highlighted strong performance and commitment to India's growth.
The financial results show strong top-line and bottom-line growth, indicating positive business performance. The increase in order backlog suggests a healthy pipeline for future revenue. These factors are material to investors.
The company reported significant year-on-year growth in revenue, profit from operations, and net profit after tax, along with a substantial increase in order backlog. Management commentary also expressed confidence in future performance.
Siemens Energy India Limited announced its unaudited financial results for the second quarter and six months ended March 31, 2026, following a Board of Directors meeting held on May 14, 2026. The company reported a significant year-on-year increase in revenue from operations, which grew by 27.4% to ₹2,394 crore for the quarter. Profit from operations also saw a healthy improvement, increasing by 38.9% to ₹464 crore, with the profit from operations margin improving by 160 basis points to 19.4%.
The net profit after tax (PAT) for the quarter surged by 52.4% to ₹375 crore. For the half-year ended March 31, 2026, revenue from operations increased by 26.8% to ₹4,305 crore, and profit after tax rose by 44.1% to ₹689 crore. The company's order backlog stood at ₹18,433 crore as of March 31, 2026, marking a 22.2% year-on-year increase.
Guilherme Mendonca, Managing Director and Chief Executive Officer of Siemens Energy India Limited, commented on the results, highlighting a strong quarter with a focus on profitable growth and value creation. He noted the company's high performance despite the current global scenario, driven by disciplined execution of its healthy backlog. Mendonca emphasized the strong demand momentum in India, fueled by electrification, decarbonization, and energy security priorities, as well as export opportunities. He reiterated the company's commitment to supporting India's growth journey through capacity expansions and talent development.
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