Technology firm Siemens Ltd reported strong financial results for the July-September 2026 quarter, with consolidated net profit increasing 4.78% year-on-year to ₹504 crore compared with ₹481 crore in the corresponding period last year. According to The Economic Times, revenue from operations rose significantly to ₹5,734 crore from ₹4,900 crore in the year-ago quarter, demonstrating robust business growth. However, EBITDA increased 2.8% year-on-year to ₹626 crore from ₹609 crore, while the EBITDA margin contracted to 10.9% from 12.4% in the corresponding quarter last year, indicating margin pressure from cost factors.
Siemens demonstrated strong order acquisition capabilities during the quarter, with new orders increasing 38% year-on-year to ₹6,228 crore during the July-September 2026 quarter. As reported by The Economic Times, the company's order backlog grew 12% to ₹47,034 crore, providing visibility for future revenue streams. The company's profit from operations stood at 9.5% during the quarter, reflecting operational efficiency despite margin pressures.
According to The Economic Times, Sunil Mathur, Managing Director and Chief Executive Officer of Siemens Limited, attributed the strong performance to continued capital expenditure spending in infrastructure and increased private sector capital expenditure. However, he noted that profitability continues to be impacted mainly by volatility in commodity prices and foreign exchange, resulting in higher material costs. The company's shares ended at ₹3,555.00, up by ₹131.95, or 3.85% on the BSE, reflecting positive market sentiment toward the results.
