Siemens Limited has announced its financial results for the first quarter of Fiscal Year 2027 (April-June 2026). The company reported a 14.8% increase in revenue, reaching INR 4,714 crore. Profit from Operations saw a rise of 7.6% due to higher commodity prices and a depreciating INR. The company also highlighted the sale of its Low Voltage Motors (LVM) business, resulting in a provisional gain.
Siemens Limited Reports Strong Q1 FY2027 Performance
Siemens Limited has released its financial results for the first quarter of Fiscal Year 2027, ending June 30, 2026. The company demonstrated robust growth, with revenue from operations increasing by 14.8% to INR 4,714 crore compared to the same quarter in the previous year. Profit from Operations stood at 7.6%, influenced by factors such as higher commodity prices and currency depreciation.
Key Financial Highlights
- New Orders: Saw a significant rise of 16.5%, reaching INR 6,328 crore.
- Revenue from Operations: Increased by 14.8% to INR 4,714 crore.
- Profit from Operations: Reported at 7.6% of revenue.
- Profit after Tax (PAT): At INR 343 crore.
- Earnings Per Share (EPS): Stood at 9.64 INR per share.
Operational Updates and Strategic Moves
The company’s performance was bolstered by strong ordering and revenue growth, particularly driven by its Smart Infrastructure business. The Mobility business also showed growth, especially in the Rolling Stock segment. Siemens Limited successfully completed the sale of its Low Voltage Motors (LVM) business for cash consideration, which resulted in a one-time provisional gain of INR 2,099 crore, reported under gain from discontinued operations.
During the quarter, Siemens Limited also saw a significant increase in its order backlog, growing by 9.6% to INR 46,670 crore. The company continues to focus on profitable growth across all its business segments, emphasizing its role as a leading technology company in industry, infrastructure, and mobility.
Source: BSE