DBT Bureau
Pune, 13 May 2025
Q2 FY 2025 Performance
- New Orders rose 44% to Rs 5,305 crore
- Order Backlog grows by 7%
- Revenue up 3%
- Profit after Tax lower at Rs 408 crore impacted by extraordinary expenses
Consolidated Financials for Continuing Operations (i.e. Siemens Limited excluding Energy business)
Particulars(Rs crore, unless otherwise stated) | Quarter ended | ||
March 25 | March 24 | +/ (-) | |
New Orders | 5,305 | 3,697 | +43.5% |
Revenue from Operations | 4,259 | 4,152 | +2.6% |
Profit from Operations | 462 | 574 | -19.5% |
Profit after Tax | 408 | 649 | -37.1% |
EPS (Rs per share) | 11.45 | 18.23 |
Revenue remained flat due to the ongoing normalization of demand in Digital Industries and due to normal project delivery schedules in the Mobility business. The decline in Profit from Operations was due to under absorption and higher cost of material in the Digital Industries business. Additionally, the Profit was impacted by an extraordinary gain of Rs 192 crore from the sale of property in Q2 FY 2024 and demerger expenses of Rs 63 crore in the current quarter.
Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, “In spite of the challenging macro environment, our Order Income grew by 44% driven by our Mobility and Smart Infrastructure businesses where we see continued public Capex spending on infrastructure. Our short cycle Digital Industries business, however, continues to be impacted by muted private Capex spending. Allowing for extraordinary expenses, our underlying profitability reflects our ambition towards profitable growth. We are confident in our customers’ continued trust in our capabilities to address their technology needs across the value chain and continue to invest in Capex to expand our portfolio in India. As private Capex picks up locally and globally, the demand for automation and digitalization solutions will also increase, as technology has proven to be key to sustainable growth for industry and infrastructure.”