Schneider Electric Infra Q1 profit falls 70% as higher costs squeeze margins; orders hit record high

Schneider Electric Infra Q1 profit falls 70% as higher costs squeeze margins; orders hit record high


Schneider Electric Infrastructure, the Indian arm of French energy technology major Schneider Electric, reported a 69.84% year-on-year (YoY) decline in profit after tax (PAT) attributable to owners of the company to ₹12.44 crore in the June quarter, from ₹41.24 crore a year ago, even as revenue from operations rose 4.78% to ₹651.36 crore from ₹621.63 crore.

The company said profitability was impacted by commodity price volatility and delays in passing on higher input costs on certain legacy orders. Revenue growth remained moderate due to project execution timelines and the phased conversion of recent order wins into sales.

Earnings before interest, tax, depreciation and amortisation (EBITDA) declined 51% YoY to ₹34.05 crore from ₹69.33 crore, while the EBITDA margin contracted to 5.23% from 11.15% in the year-ago quarter. Total expenses rose 12.50% YoY to ₹641.28 crore from ₹570.04 crore.

 

Revenue rises sequentially, PAT declines

On a sequential basis, revenue from operations increased 10.46% to ₹651.36 crore from ₹589.69 crore in the March quarter.

However, PAT declined 43.38% from ₹21.97 crore in the previous quarter to ₹12.44 crore. Total expenses rose 12.61% sequentially to ₹641.28 crore from ₹569.46 crore.

 

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Highest-ever quarterly order intake

Despite the pressure on profitability, Schneider Electric Infrastructure recorded its highest-ever quarterly order intake of ₹915 crore in the first quarter of financial year 2027, driven by demand across emerging segments such as data centres and semiconductors.

Deepak Sharma, Zone President, Greater India, Schneider Electric, and Board Director, Schneider Electric Infrastructure, said that the record order intake reflected customer relationships, the company’s technology-led portfolio and opportunities across established and emerging segments. Sharma said the company remained focused on disciplined execution, portfolio enrichment and opportunities in high-growth segments, while profitability continued to face pressure from costs on certain legacy projects.

Udai Singh, Managing Director and Chief Executive Officer of Schneider Electric Infrastructure, said, “Q1 FY27 demonstrates our strong market position, reflected in record quarterly order intake, steady revenue growth, and a robust expansion of our order backlog.”

He added that customer demand across key segments supported the company’s strategy and execution capabilities. Singh said Schneider Electric Infrastructure would remain focused on operational excellence, project execution and improving business quality, while a healthy pipeline and strong order backlog would support future growth opportunities.

 

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The company’s order backlog stood at ₹2,169 crore as of June 30, marking a 32.7% increase from the year-ago period.

Shares of the company closed at ₹1,370.20, down 0.65% from the previous close ahead of the earnings announcement.



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