Siemens Energy Q1 Profit Jumps 35%, Approves ₹2,060 Cr Capex for Expansion
CCNBC TV18•13-02-2026, 14:35
Siemens Energy Q1 Profit Jumps 35%, Approves ₹2,060 Cr Capex for Expansion
- •Siemens Energy India reported a 35% year-on-year net profit increase to ₹313 crore in Q1.
- •Revenue grew 26% to ₹1,910 crore, with EBITDA up 37.5% to ₹460.3 crore; margins expanded to 24.1%.
- •Order backlog surged 37.6% to ₹17,599 crore, indicating strong energy market demand.
- •Board approved ₹2,060 crore capex to boost large power transformer capacity by 30,000 MVA.
- •New capacity, aligned with Make in India, is expected to be operational between 2030 and 2032.
