Shares of Siemens Energy India gained 3% in early trade on Tuesday after the company posted a robust set of numbers for the third quarter of FY25. As of 9:17 AM, the shares were trading 3.10% higher at Rs 3,333.70.
Net profit surged 80.1% year-on-year to ₹262.7 crore, compared to ₹145.8 crore in the same quarter last year. Revenue rose 20.3% YoY to ₹1,785 crore, backed by solid operational performance.
A major highlight was the 94% YoY growth in new orders, which nearly doubled to ₹3,290 crore. The company said the strong order book was driven by demand across both domestic and international markets, especially in areas tied to energy transition and transmission.
To meet this rising demand, Siemens Energy India has announced a ₹280 crore capex plan for phased expansion of its high-voltage switchgear manufacturing facility in Aurangabad. The move is aimed at strengthening supply capabilities for power transmission equipment in India and abroad.
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