Siemens Energy shares in focus after Q3 profit soars 80% YoY; company lines up Rs 280 crore expansion
ADVERTISEMENT The company reported a net profit of Rs 263 crore for the third quarter of FY26, compared to Rs 146 crore in the same period last year. Revenue from operations rose 20% YoY to Rs 1,785 crore. The sharp rise in profit after tax was attributed to a significant increase in new orders, which surged 94% to Rs 3,290 crore.
Robust demand was recorded across both domestic and export markets, the company said in an exchange filing. Revenue growth was supported by a strong and healthy order backlog. The Q3 profit margin stood at 17.6%—in line with the normalised margins seen in the first half of the fiscal—and up from 13.3% in the year-ago quarter. The margin excludes favourable one-time impacts and stamp duty or other transfer charges.
The earnings were announced after market hours on Monday. Siemens Energy India shares closed at Rs 3,235.50 on the NSE, up 2.10% from Friday.
The company also announced plans to invest Rs 280 crore in a phased manner to expand its manufacturing capacity for high-voltage switchgear products at its Aurangabad facility. Siemens Energy said the expansion will help meet growing demand for power transmission equipment in both Indian and global markets.
ADVERTISEMENT "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 globally," said Managing Director and CEO Guilherme Mendonca. "With this investment, we are proud to demonstrate our continued commitment to supporting India's energy transition and the Government of India's Make in India and Aatmanirbhar Bharat vision."
This was Siemens Energy India's first quarterly result since its listing on June 19. The company is promoted by Netherlands-based Siemens International Holding B.V.
ADVERTISEMENT Commenting on the earnings, Mendonca said: "New orders grew by an exceptional 94% on the back of a strong domestic market and rising exports. A healthy order backlog and continuous operational excellence helped the company deliver robust results for the quarter and for the nine months of the fiscal year."Siemens Energy India provides solutions across the energy value chain, including power generation, transmission, and storage, through a portfolio spanning gas and steam turbines, hybrid power plants powered by hydrogen, power generators, and transformers.
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