Explore Business Standard
Siemens
Siemens Ltd has reported over 7 per cent year-on-year (y-o-y) decline in consolidated net profit to Rs 485 crore for the quarter ended September 30, 2025. It had clocked a net profit (or profit after tax) of Rs 523 crore in the July-September period a year ago, the company said in a statement on Friday. However, the company saw its revenue from operations grow 16 per cent to Rs 5,171 crore during the quarter under review from Rs 4,457 crore in the year- ago period. "We delivered a robust performance this quarter, with a surge in revenue, driven by strong performance in our mobility and smart infrastructure businesses while digital Industries volumes were impacted due to a lower reach in the order backlog from the previous year and muted private sector capex," MD and CEO Sunil Mathur said. He said the profit was impacted by one-time gain of Rs 69 crore from the sale of property in Q4 FY 2024. On August 8, 2025, the board approved changing the company's financial year from ...
Siemens Energy India on Monday posted an over 80 per cent rise in its net profit to Rs 263 crore in June quarter compared to a year ago, mainly on the back of higher revenues. It had a net profit of Rs 146 crore in the quarter ended June 2024, a company statement stated. The company follows the financial year from October to September. Revenues from operations rose to Rs 1,785 crore in the quarter from Rs 1,484 crore in the same period a year ago. New orders during the quarter rose to Rs 3,290 crore from Rs 1,693 crore recorded a year ago. The company explained that the new order growth was primarily due to large orders received during the quarter given the robust demand both in domestic as well as export markets. The company announced an investment of Rs 280 crore in a phased manner in manufacturing capacity expansion of high-voltage switchgear products at its Aurangabad factory. This expansion will enable the company to meet the growing demand for power transmission equipment,
Siemens Energy India Ltd (SEIL) on Monday posted 36.34 per cent rise in net profit at Rs 246.1 crore for January-March 2025, mainly driven by income from power transmission and generation segment. It had reported Rs 180.5 crore profit for the second quarter a year ago. The company follows October to September as financial year. In March quarter, the company reported a total income of Rs 1,893.9 crore, up from Rs 1,196.8 crore in the year-ago period. Revenues from transmission rose to Rs 1,013.8 crore from Rs 604.9 crore in January-March 2024. Revenue from generation grew to Rs 865.7 crore from Rs 591.7 crore. Expenses also shot up to Rs 1,548.6 crore from Rs 952.4 crore on account of increased cost of materials consumed and project bought outs and other direct costs. The company's profit in October-March more than doubled to Rs 477.8 crore from Rs 180.5 crore earlier. SEIL is an energy technology company. Shares of the company got listed on the stock exchanges on June 19 after th
India Electronics and Semiconductor Association (IESA) on Monday announced a new Executive Council and named Ruchir Dixit as its Chairperson for FY2025-26. IESA is an industry body for the Electronics System Design and Manufacturing sector in India. "India Electronics and Semiconductor Association announces new Executive Council, Ruchir Dixit Named as Chairperson for FY2025-26," IESA said in a release. Six new leaders were elected to the Executive Council, including Akshay Aggarwal, Senior Director of Engineering at MediaTech; Hemang Shah, Senior Director Government Affairs at Applied Materials; Pradeep Kumar Vajram, Managing Partner at 7Rays; Raghu Panicker, Chief Executive Officer of Kaynes SemiCon; Sundeep Gupta, MD India & VP Central R&D at Alphawave Semi, and Vivek Tyagi, Managing Director of Sales at Analog Devices. "Continuing EC members from last year are Navin Bishnoi (Elected as Vice Chairperson), Rajeev Khushu, Sanjeev Keskar (Elected as Treasurer), Veerappan VV ...