Latest news with #SiemensLtd
Time of India
07-07-2025
- Business
- Time of India
Siemens Energy India March quarter net profit grows 36% to ₹246 crore
Siemens Energy India Ltd (SEIL) on Monday posted 36.34 per cent rise in net profit at ₹246.1 crore for January-March 2025, mainly driven by income from power transmission and generation segment. It had reported ₹180.5 crore profit for the second quarter a year ago. The company follows October to September as financial year. In March quarter, the company reported a total income of ₹1,893.9 crore, up from ₹1,196.8 crore in the year-ago period. Revenues from transmission rose to ₹1,013.8 crore from ₹604.9 crore in January-March 2024. Revenue from generation grew to ₹865.7 crore from ₹591.7 crore. Expenses also shot up to ₹1,548.6 crore from ₹952.4 crore on account of increased cost of materials consumed and project bought outs and other direct costs. The company's profit in October-March more than doubled to ₹477.8 crore from ₹180.5 crore earlier. SEIL is an energy technology company. Shares of the company got listed on the stock exchanges on June 19 after the demerger of energy business of Siemens Ltd . "With this listing, we reaffirm our long-standing commitment to India's energy future. As India advances toward becoming a $7 trillion economy, a strong and resilient energy system will be essential. SEIL, with its dedicated team, is ready to support this important journey for India and its people," company's MD and CEO Guilherme Mendonca said. In December 2023, Siemens Ltd said its board has approved the demerger of its energy business into a separate entity. While Germany-based Siemens AG and its subsidiaries hold 69 per cent stake in SEIL, subsidiaries of Siemens Energy AG hold 6 per cent, with the remainder in free float.
Mint
07-07-2025
- Business
- Mint
Siemens Energy India March qtr net profit grows 36 pc to ₹246 cr
New Delhi, Jul 7 (PTI) Siemens Energy India Ltd (SEIL) on Monday posted 36.34 per cent rise in net profit at ₹ 246.1 crore for January-March 2025, mainly driven by income from power transmission and generation segment. It had reported ₹ 180.5 crore profit for the second quarter a year ago. The company follows October to September as financial year. In March quarter, the company reported a total income of ₹ 1,893.9 crore, up from ₹ 1,196.8 crore in the year-ago period. Revenues from transmission rose to ₹ 1,013.8 crore from ₹ 604.9 crore in January-March 2024. Revenue from generation grew to ₹ 865.7 crore from ₹ 591.7 crore. Expenses also shot up to ₹ 1,548.6 crore from ₹ 952.4 crore on account of increased cost of materials consumed and project bought outs and other direct costs. The company's profit in October-March more than doubled to ₹ 477.8 crore from ₹ 180.5 crore earlier. SEIL is an energy technology company. Shares of the company got listed on the stock exchanges on June 19 after the demerger of energy business of Siemens Ltd. "With this listing, we reaffirm our long-standing commitment to India's energy future. As India advances toward becoming a USD 7 trillion economy, a strong and resilient energy system will be essential. SEIL, with its dedicated team, is ready to support this important journey for India and its people," company's MD and CEO Guilherme Mendonca said. In December 2023, Siemens Ltd said its board has approved the demerger of its energy business into a separate entity.
Mint
07-07-2025
- Business
- Mint
Siemens Energy India March qtr net profit grows 36 pc to ₹246 cr
New Delhi, Jul 7 (PTI) Siemens Energy India Ltd (SEIL) on Monday posted 36.34 per cent rise in net profit at ₹ 246.1 crore for January-March 2025, mainly driven by income from power transmission and generation segment. It had reported ₹ 180.5 crore profit for the second quarter a year ago. The company follows October to September as financial year. In March quarter, the company reported a total income of ₹ 1,893.9 crore, up from ₹ 1,196.8 crore in the year-ago period. Revenues from transmission rose to ₹ 1,013.8 crore from ₹ 604.9 crore in January-March 2024. Revenue from generation grew to ₹ 865.7 crore from ₹ 591.7 crore. Expenses also shot up to ₹ 1,548.6 crore from ₹ 952.4 crore on account of increased cost of materials consumed and project bought outs and other direct costs. The company's profit in October-March more than doubled to ₹ 477.8 crore from ₹ 180.5 crore earlier. SEIL is an energy technology company. Shares of the company got listed on the stock exchanges on June 19 after the demerger of energy business of Siemens Ltd. "With this listing, we reaffirm our long-standing commitment to India's energy future. As India advances toward becoming a USD 7 trillion economy, a strong and resilient energy system will be essential. SEIL, with its dedicated team, is ready to support this important journey for India and its people," company's MD and CEO Guilherme Mendonca said. In December 2023, Siemens Ltd said its board has approved the demerger of its energy business into a separate entity. While Germany-based Siemens AG and its subsidiaries hold 69 per cent stake in SEIL, subsidiaries of Siemens Energy AG hold 6 per cent, with the remainder in free float.
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Business Standard
07-07-2025
- Business
- Business Standard
Siemens Energy Q2FY26 results: Net profit rises 36% to ₹246 crore
In March quarter, the company reported a total income of Rs 1,893.9 crore, up from Rs 1,196.8 crore in the year-ago period Press Trust of India New Delhi Siemens Energy India Ltd (SEIL) on Monday posted 36.34 per cent rise in net profit at Rs 246.1 crore for January-March 2025, mainly driven by income from power transmission and generation segment. It had reported Rs 180.5 crore profit for the second quarter a year ago. The company follows October to September as financial year. In March quarter, the company reported a total income of Rs 1,893.9 crore, up from Rs 1,196.8 crore in the year-ago period. Revenues from transmission rose to Rs 1,013.8 crore from Rs 604.9 crore in January-March 2024. Revenue from generation grew to Rs 865.7 crore from Rs 591.7 crore. Expenses also shot up to Rs 1,548.6 crore from Rs 952.4 crore on account of increased cost of materials consumed and project bought outs and other direct costs. The company's profit in October-March more than doubled to Rs 477.8 crore from Rs 180.5 crore earlier. SEIL is an energy technology company. Shares of the company got listed on the stock exchanges on June 19 after the demerger of energy business of Siemens Ltd. "With this listing, we reaffirm our long-standing commitment to India's energy future. As India advances toward becoming a USD 7 trillion economy, a strong and resilient energy system will be essential. SEIL, with its dedicated team, is ready to support this important journey for India and its people," company's MD and CEO Guilherme Mendonca said. In December 2023, Siemens Ltd said its board has approved the demerger of its energy business into a separate entity. While Germany-based Siemens AG and its subsidiaries hold 69 per cent stake in SEIL, subsidiaries of Siemens Energy AG hold 6 per cent, with the remainder in free float. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Business Standard
30-06-2025
- Business
- Business Standard
Siemens Ltd spurts 3.01%
Siemens Ltd is quoting at Rs 3274, up 3.01% on the day as on 12:49 IST on the NSE. The stock is down 16.33% in last one year as compared to a 5.84% spurt in NIFTY and a 12.1% spurt in the Nifty Energy index. Siemens Ltd is up for a third straight session in a row. The stock is quoting at Rs 3274, up 3.01% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 25552.7. The Sensex is at 83759.31, down 0.36%. Siemens Ltd has dropped around 0.55% in last one month. Meanwhile, Nifty Energy index of which Siemens Ltd is a constituent, has dropped around 1.68% in last one month and is currently quoting at 36542.6, down 0.01% on the day. The volume in the stock stood at 6.76 lakh shares today, compared to the daily average of 6.3 lakh shares in last one month. The benchmark July futures contract for the stock is quoting at Rs 3287.9, up 2.66% on the day. Siemens Ltd is down 16.33% in last one year as compared to a 5.84% spurt in NIFTY and a 12.1% spurt in the Nifty Energy index. The PE of the stock is 62.38 based on TTM earnings ending March 25.
