Business · Companies · 13 hrs ago

Siemens India Q2 profit rises 5% to Rs 504 crore

Siemens India Q2 profit rises 5% to Rs 504 crore

Siemens Ltd's net profit rose 4.78% to Rs 504 crore in the quarter ended September 30, 2026, compared with Rs 481 crore a year earlier.

Revenue increased to Rs 5,734 crore from Rs 4,900 crore in the same quarter last year.

New orders reached Rs 6,228 crore, up 38% from Rs 4,519 crore at the end of September 2025.

Siemens said growth in orders and revenue was supported by spending on infrastructure and higher investment by private companies.

Higher material costs weighed on profitability, with the company citing changes in commodity prices and foreign exchange rates.

Siemens Ltd works in industry, infrastructure and mobility, and the company gave no specific next step in its statement.

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Sunil MathurSiemens Ltd managing director and CEO
The company delivered strong growth in both orders and revenue, driven by continued capex spending in infrastructure and an increase in private sector Capex. Profitability continues to be impacted mainly by volatility in commodity prices and foreign exchange, resulting in higher material costs
via Economic Times