Siemens Energy India Ltd has reported a 26% year-on-year increase in revenue to INR 1,911 crore and a 34.9% rise in profit after tax to INR 313 crore for the quarter ended December 2025 (Q1 FY2026). The company’s order backlog expanded 37.6% to INR 17,599 crore.
The company said profit after tax was affected by a one-off cost of INR 52 crore on account of the implementation of the New Labour Codes announced by the Government of India on Nov. 21, 2025.
The board of directors has approved an investment of INR 2,060 crore to expand the company’s large power transformer manufacturing capacity by around 30,000 MVA. The expansion is intended to support growth in India’s power sector and align with the government’s Make in India initiative. Operations from the expanded capacity are expected to begin between 2030 and 2032.
“Our Q1 FY26 results reflect a continuous strong energy market, offering SEIL attractive growth opportunities across its entire generation and transmission portfolio. Excellent backlog execution led to an outstanding performance in the quarter,” said Guilherme Mendonca, managing director and chief executive officer, Siemens Energy India Ltd (SEIL). “With the large power transformer capacity expansion, SEIL is fully committed with the Government of India’s Make in India strategy, strengthening the local supply chain for a Viksit Bharat.”
Siemens Energy India Ltd listed on the BSE and National Stock Exchange of India in June 2025 following the demerger and separate listing of the energy business of Siemens Ltd in India.
The company supports the integration of renewable energy, modernization of the national grid, and decarbonization of key industries through its products and services.
Siemens AG and its subsidiaries hold 69% of Siemens Energy India, while subsidiaries of Siemens Energy AG hold an additional 6%, with the remaining shares in free float.
The company has contributed to several major energy projects in India, including the country’s first high-voltage direct current (HVDC) transmission link using voltage-sourced converter (VSC) technology.
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