Schneider Electric Infrastructure Ltd (SEIL) has reported a 14.3 per cent year-on-year growth in its order backlog.
In an investor presentation, SEIL said that its outstanding order book position, as of September 30, 2024, stood at Rs.1389 crore. This was 14.3 per cent higher than the corresponding level in 2023.
In the second quarter (Q2: July to September) of FY25, SEIL reported an order inflow of Rs.572 crore that was 16.3 per cent higher than the corresponding Rs.492 crore in Q2FY24.
In the first half (H1: April to September) the growth in order inflow was higher at 17.5 per cent with the H1FY25 inflow standing at Rs.1104 crore as against Rs.939 crore in H1FY24.
There was good momentum in orders across all segments, the presentation noted.
Key orders in the “power & grid” segment bagged by SEIL in Q2FY25 included:
- Supply of 11kV RMU (ring main unit) with FRTU (feeder remote terminal unit) for 11kV infrastructure development, placed by a leading power utility in eastern India
- Supply of 11kV RMU through SEIL’s licensed partner model for several discom across India
- Supply of 33kV AIS panels through SEIL’s authorized channel partner to a prominent solar developer in India
Also read: Schneider Electric launches Miluz ZeTa home range of switches and sockets
Featured photograph shows medium-voltage transformers by SEIL is for representation only