More Stories

Informist, Friday, Feb. 13, 2026

 

Please click here to read all liners published on this story

--Siemens Energy Oct-Dec net profit INR 3.13 bln 
--Siemens Energy Oct-Dec revenue INR 19.11 bln 
--Siemens Energy Oct-Dec net profit 3.13 INR bln vs INR 2.32 bln year ago 
--Siemens Energy Oct-Dec revenue INR 19.11 bln vs INR 15.17 bln year ago 
--Siemens Energy Oct-Dec labour code implementation cost INR 519 mln 
--Siemens Energy Oct-Dec profit excluding labour code impact INR 3.65 bln 
--Siemens Energy Q3 power transmission sales INR 11.24 bln vs INR 8.39 bln 
--Siemens Energy Q3 power generation sales INR 7.87 bln vs INR 6.78 bln
--Siemens Energy to spend INR 20.60 bln on new power transformer factory 
--Siemens Energy: Transformer factory to have capacity of 30,000 MVA 

 

By Prateem Rohanekar

 

MUMBAI – Siemens Energy India Ltd. posted a double-digit on-year growth in its net profit for the fourth consecutive quarter despite a robust rise in expenses and a one-time cost on account of the new labour laws. The company's board also approved a capital expenditure of INR 20.60 billion towards building a new power transformer factory.

 

The company's net profit for the December quarter exceeded the Street's estimates, while the revenue was within the range of estimates, albeit towards the lower side of the band. 

 

Siemens Energy's net profit for the latest quarter was INR 3.13 billion, up over 35% on year. Analysts had expected the company to report a net profit between INR 2.25 billion and INR 3.03 billion. The company's revenue for the December quarter was INR 19.11 billion, up almost 26% on year. Analysts had pegged the company's revenue for the quarter between INR 19.00 billion and INR 19.94 billion.

 

This growth in the company's net profit was despite a rise in total expenses for the period. The company's total expenses were INR 14.90 billion, up over 23% on year. The company's project costs and other direct costs were up nearly 136% on year at INR 6 billion. Its cost of materials consumed for the quarter was INR 3.78 billion, up over 60% on year, and employee benefit expenses were up over 19% at INR 2.52 billion. These costs formed nearly 83% of the company's total expenses.

 

The company also saw an exceptional expense of INR 519 million due to the four labour codes enforced on Nov. 21. Its net profit excluding this cost would have been INR 3.65 billion.

 

Siemens Energy's revenue from the power transmission segment for the December quarter was INR 11.24 billion, up almost 34% on year. This was 59% of the company's total revenue. The company's revenue from the power generation segment was INR 7.87 billion, up over 16% on year. 

 

Siemens Energy's board also approved a capital expenditure of INR 20.60 billion to add a new 30,000 megavolt-ampere power transformer factory. The self-financed project is expected to be operational by 2031-32 (Apr-Mar).

 

The company announced its financial results during market hours. Friday, the company's shares closed at INR 2,740.10, marginally up from the previous close, on the National Stock Exchange.  End

 

Edited by Tanima Banerjee

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.