Siemens Energy India Q3 Orders Surge 94%

  Published 8 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.

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