The engineering and technology major posted a net profit of ₹370 crore for the quarter, down 36.4% from ₹582 crore in the corresponding period last year. Revenue, however, rose 14.6% year-on-year to ₹4,617.5 crore from ₹4,029.2 crore, supported by broad-based business momentum and strong execution across segments.
EBITDA remained largely flat at ₹444 crore compared with ₹445 crore a year earlier, while EBITDA margin contracted to 10% from 11%.
Commenting on the results, Sunil Mathur, Managing Director and Chief Executive Officer of Siemens Ltd, said domestic demand remained resilient during the quarter, driven by continued ordering from both public and private sector customers.
“Siemens Limited delivered a strong performance, with all businesses contributing to robust order and revenue growth supported by a strong export order in our Mobility business,” Mathur said.
He added that profitability was impacted by higher commodity costs and the depreciating rupee, even as the company continued investing across businesses while remaining cautious about near-term macroeconomic conditions and their impact on capital expenditure spending.
The company’s order backlog grew 9.3% to ₹45,033 crore, reflecting sustained demand visibility across infrastructure, mobility and industrial segments.
The board recommended a dividend of ₹18 per equity share of face value ₹2 each for the 18-month financial year ended March 31, 2026. Subject to shareholder approval, the dividend will be paid from August 13, 2026.
Siemens also announced that its board has approved the amalgamation of wholly owned subsidiary Siemens Rail Automation Private Ltd with Siemens Ltd, subject to regulatory and tribunal approvals.
The company also formally adopted a new April-March financial year cycle starting FY27. As a result, the latest reporting period covered 18 months from October 1, 2024 to March 31, 2026.
Ahead of the earnings announcement, shares of Siemens Limited closed 0.34% higher at ₹3,679.90 on the NSE.
