Site icon Your Gateway to Power Transmission & Distribution

Siemens Ltd: New order inflow up 44 per cent

The new order inflow of Siemens Ltd during the second quarter (Q2: January to March) of its financial year ending September 30, 2025 was up 44 per cent, year on year.

In a release, Siemens Ltd said that its new order inflow rose to Rs.5,305 crore in Q2FY25 from Rs.3,697 crore in the same quarter of FY24.

The outstanding order book position, as of March 31, 2025, was up 7 per cent.

Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, “In spite of the challenging macro environment, our Order Income grew by 44% driven by our Mobility and Smart Infrastructure businesses where we see continued public Capex spending on infrastructure. Our short-cycle Digital Industries business, however, continues to be impacted by muted private Capex spending. Allowing for extraordinary expenses, our underlying profitability reflects our ambition towards profitable growth. We are confident in our customers’ continued trust in our capabilities to address their technology needs across the value chain and continue to invest in Capex to expand our portfolio in India. As private Capex picks up locally and globally, the demand for automation and digitalization solutions will also increase, as technology has proven to be key to sustainable growth for industry and infrastructure.”

It may be noted that these figures relate to the “continuing operations” of Siemens Ltd, which excludes the energy business. A new entity “Siemens Energy India Ltd” now represents the demerged energy business of Siemens Ltd. The demerger of Siemens Energy India Ltd from Siemens Ltd, became effective from March 25, 2025, following all necessary approvals. The subsequent listing of Siemens Energy India Ltd is expected to be completed in CY 2025.

Note: The accounting year of Siemens Ltd runs from October 1 to September 30. Hence the quarter ending March 31, 2025 represents the second quarter (Q2) of its ongoing financial year (FY25) that will end on September 30, 2025.

 

Featured photograph is for representation only

 

Exit mobile version