Siemens Energy India Q3 Orders Surge 94%

  Published 11 months ago

Siemens Energy India saw strong Q3 growth with a 94% order surge, margin improvement, and new investment in switchgear capacity.

  • Revenue rose 20% YoY to Rs 1,785 crore, driven by healthy order execution and a robust backlog across markets.
  • Operational profit jumped 59% YoY to Rs 314 crore, with margins improving to 17.6% despite prior one-time impacts.
  • Rs 280 crore investment planned to expand Aurangabad switchgear capacity, catering to rising global and domestic demand.

You might like these

Zaggle Acquires Golf Travel Firm Greenedge

Deepak R&D Centre: 5‑Acre Innovation

Gravita India Shares Jump on Recycling Scheme News

Brahmaputra Infrastructure Secures Major Contracts in Assam

L&T Secures Major Aluminum, Steel Orders

Adani Stocks Surge After SEBI Clearance

Ather Energy Expands to 700 Retail Centers by 2026

News that matters the most ⚡