Page 2 - Siemens India

Siemens Energy gains 3%, hits new high on healthy March quarter results

Going forward, Siemens Energy is placed to benefit from energy transition tailwinds in India and a healthy order book.

Siemens Energy Q2FY26 results: Net profit rises 36% to ₹246 crore

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

Siemens Energy freezes at 5% upper circuit on debut; what brokerages say?

Siemens Energy India share opened at ₹2,850 on the BSE and at ₹2,840 on the NSE. Till 10:04 AM; a combined 810,000 shares changed hands, and there were pending buy orders for 66,000 on the NSE & BSE.

At ₹4,140 cr, JV led by Siemens lowest bidder for bullet train signalling

The corridor is expected to begin with indigenous bullet trains

Siemens Q4FY25 results: Net profit drops over 37% to ₹408 cr on higher cost

Siemens on Tuesday reported over 37 per cent decline in its net profit to Rs 408 crore in March quarter, compared to the same period year ago, mainly due to under-absorption of fixed costs and higher material costs in the Digital Industries business. The company follows an October to September fiscal year. Its net profit stood at Rs 649 crore for the quarter ended on March 31, 2024, a company statement said. The decline in profit from operations was due to under-absorption of fixed costs and higher material costs in the Digital Industries business, according to the statement. Additionally, it explained that the profit was impacted by an extraordinary gain of Rs 192 crore from the sale of property in Q2 FY 2024 and demerger expenses of Rs 63 crore in the current quarter. Revenue remained flat due to the ongoing normalisation of demand in Digital Industries and due to normal project delivery schedules in the Mobility business. Revenues from operation stood at Rs 4,259 in the Marc

MedTech multinationals bet big on India, eyeing global hub status

Global medtech giants like Siemens and Philips are expanding R&D and manufacturing in India, leveraging policy support and talent to embed India in global value chains

Sunil Mathur to take over as new chairman of Siemens Energy India

Ketan Thaker, who had served as a non-executive non-independent director of the company since February 2024, has stepped down effective April 1, 2025, the company said

TPG, other investors buy 90% stake in Siemens Gamesa's India wind business

The move comes as India, the world's third-largest energy consumer, pushes towards its goal of 500 gigawatts (Gw) of non-fossil fuel capacity by 2030

Siemens aims to boost factory capacity under Make in India initiative

Siemens looks to increase its factory capacity in the country under the Make in India initiative to meet both local and global demand, Matthias Rebellius, Member of the Managing Board of Siemens AG and CEO of Smart Infrastructure said. The global technology company looks to address both local and global needs for power generation, transmission, distribution, and rail transportation, Rebellius said in his address at the Elecrama 2025 event organised by IEEMA in Greater Noida. Siemens has shown a strong commitment to India by investing over Rs 9,000 crore since 2015, with an additional Rs 1,100 crore announced in November 2023, he said. "We aim to enhance our factory capacities under the Make in India initiative, addressing both local and global needs for power generation, transmission, distribution, and rail transportation," Rebellius said. With over 34,000 employees and 32 factories in India, Siemens recognises the country's ambitious economic goals and role as an innovation ...

Earnings downgrades a worry for Siemens India amid muted Q3 showing

The energy segment delivered good performance with revenue at ₹1,440 crore (+29 per cent Y-o-Y)

Weak Q1 show drags Siemens share price 4%; Should you buy, sell, hold?

The downfall in Siemens' share price came after the company posted weak results for the first quarter ended December 31, 2024 (Q1FY25)

Siemens Q3 results: Net profit rises 22% to Rs 614 crore, revenue drops 3%

Siemens Q3 FY25 results: Consolidated revenue from operations fell marginally to Rs 3,587.2 crore in the October-December quarter

Capital Goods shares under pressure; Siemens, Hitachi Energy down up to 10%

The BSE Capital Goods index slipped 4.6% in intra-day trades today, falling 7.5% in 2 days after the finance minister presented the Union Budget 2025-26 in the Parliament on Saturday

Siemens witnessed its steepest fall in 30-day period, down 28%; what next?

Siemens stock outlook: This stock from the engineering and capital goods industry could slide by another 18% if the key supports at Rs 5,600 and Rs 5,400 are violated shows technical chart.

Chambal Fertilizers, ONGC: Religare Broking's Ajit Mishra's 2 stocks to buy

Nifty today: Ajit Mishra of Religare Broking recommends maintaining a "sell on rise" strategy for the Nifty index while prioritising prudent stock selection

Siemens stock drops rapidly as management flags growth challenges ahead

Siemens has plans of capex of Rs 1,100 crore to expand capacity to meet incremental domestic and export opportunities

Siemens India share price down 3% after brokerages cut TP; Details here

In its analysts meeting, the heavy electrical equipment company highlighted growth opportunities from new-age technologies such as semiconductors, batteries, photo voltaic, and electric vehicles

Siemens shares slip 9%, record sharpest intraday fall in over six months

Siemens share price: Earlier, on June 4, 2024, Siemens share price had tanked 20 per cent in intraday trade

Harish Shekar to take over as CFO of Siemens Energy Business from Jan 1

Siemens Ltd on Thursday announced the appointment of Harish Shekar as Chief Financial Officer of the company's energy business with effect from January 1, 2025. Shekar has been the head of accounting and controlling of Siemens Ltd, India since 2018, a BSE filing said. Prior to 2018, he held the position of head of shareholder controlling at Siemens AG, Germany, and was also responsible for Asia and Middle East as Country CFO of Egypt, with additional responsibility as energy sector controller. According to the filing, Shekar has been with Siemens for over 27 years, holding several senior management positions in India and abroad. His expertise spans corporate finance, mergers and acquisitions, accounting and audit. Before joining Siemens in 1997, he was with a leading financial services company. Shekar is a chartered accountant and a cost accountant. Meanwhile, the company also announced that Vineet Rastogi has been appointed as the head of accounting and controlling of the compan

Siemens Sep quarter net profit jumps 45% to Rs 831 crore on higher income

New orders in the quarter, the company said, were up 37 per cent to Rs 6,164 crore from a year ago