Siemens Energy India Reports 27.4 Percent Revenue Growth in Q2 FY2026, PAT Jumps 52.4 Percent

Siemens Energy India reported a strong financial performance for the second quarter of FY2026, with revenue from operations rising 27.4 percent year-on-year to INR 2,394 crore compared to INR 1,880 crore in the corresponding quarter of the previous fiscal. The company’s profit from operations (EBIT) increased 38.9 percent year-on-year to INR 464 crore, while profit after tax surged 52.4 percent to INR 375 crore from INR 246 crore in Q2 FY2025. Earnings per share also improved to INR 10.52 from INR 6.91 in the year-ago quarter.

The company’s order backlog stood at INR 18,433 crore, reflecting a 22.2 percent increase compared to INR 15,080 crore in the same period last year. For the first half of FY2026, Siemens Energy India posted revenue from operations of INR 4,305 crore, up 26.8 percent year-on-year, while profit after tax rose 44.1 percent to INR 689 crore.

Profit from operations margin improved by 160 basis points year-on-year to 19.4 percent, driven by better operating leverage, higher export contributions and disciplined order execution. Excluding forex, commodity gains and one-time impacts, the company’s operating margin for Q2 FY2026 stood at 18.9 percent, compared to 17.5 percent in Q2 FY2025.

Commenting on the results, Guilherme Mendonca, Managing Director and Chief Executive Officer of Siemens Energy India, said the company delivered another strong quarter focused on profitable growth and value creation. He noted that despite the current global scenario, the company maintained strong performance through disciplined execution of its healthy order backlog. 

He added that demand momentum in India continues to remain strong, supported by electrification, decarbonisation, energy security priorities and export opportunities, while the company remains committed to supporting India’s growth through capacity expansion and talent development initiatives.