Siemens Limited has announced its financial results for the second quarter of the financial year 2025, reflecting strong momentum in order intake despite the impact of extraordinary expenses on profitability.
Q2 FY 2025 Performance Highlights
- New Orders witnessed a robust growth of 44 per cent, reaching Rs 5,305 crore, driven largely by increased public infrastructure investments and strong performance in the company's Mobility and Smart Infrastructure businesses.
- Order backlog grew by 7 per cent, signalling sustained customer demand and a healthy project pipeline for the coming quarters.
- Revenue from operations registered a modest increase of 3 per cent, amounting to Rs 4,259 crore, reflecting steady execution across key business units amidst a normalised demand environment.
- Profit After Tax (PAT) stood at Rs 408 crore, lower compared to the same period last year, primarily due to extraordinary items, including demerger-related expenses in the current quarter and the absence of a significant one-time gain from a property sale that had positively impacted the previous year's results.
Revenue remained largely flat due to the ongoing normalisation of demand in the digital industries segment and standard project delivery timelines in the mobility business. The decline in profit from operations was attributed to under-absorption and higher material costs in the digital industries business. Additionally, profit was impacted by an extraordinary gain of Rs 192 crore from a property sale in Q2 FY 2024 and demerger-related expenses of Rs 63 crore in the current quarter.
Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said: "Despite a challenging macroeconomic environment, our order income grew by 44 per cent, driven by our Mobility and Smart Infrastructure businesses, where we continue to see sustained public Capex spending on infrastructure. Our short-cycle digital industries business, however, remains affected by subdued private Capex spending. Adjusting for extraordinary expenses, our underlying profitability reflects our focus on sustainable, profitable growth. We remain confident in our customers' ongoing trust in our ability to meet their technology requirements across the value chain. We will continue to invest in Capex to expand our portfolio in India. As private Capex recovers both locally and globally, demand for automation and digitalisation solutions will accelerate, with technology playing a critical role in sustainable industrial and infrastructure growth."
