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MARKETS 2h ago

Siemens Q2 Results: Profit grows 5% to Rs 504 crore

Economic Times Stocks
Published 06 Nov 2026, 11:22 am IST
Siemens Q2 Results: Profit grows 5% to Rs 504 croreAgencies

It had clocked a profit after tax (PAT) of Rs 481 crore in the same quarter a year ago, the company said in a statement.

During July-September FY27, revenue from operations rose to Rs 5,734 crore from Rs 4,900 crore a year ago.

As of September 2026, the company had new orders worth Rs 6,228 crore, up 38 per cent as against Rs 4,519 crore at the end of same month in 2025.

"The company delivered strong growth in both orders and revenue, driven by continued capex spending in infrastructure and an increase in private sector Capex. Profitability continues to be impacted mainly by volatility in commodity prices and foreign exchange, resulting in higher material costs," MD and CEO Sunil Mathur said.

Siemens Limited is a leading technology company focused on industry, infrastructure, and mobility.

Originally reported by Economic Times Stocks.Source: economictimes.indiatimes.com