In March quarter, the corporate reported a complete revenue of ₹1,893.9 crore, up from ₹1,196.8 crore within the year-ago interval.
| Picture Credit score:
Chris Helgren
Siemens Vitality India Ltd (SEIL) on Monday posted 36.34 per cent rise in internet revenue at ₹246.1 crore for January-March 2025, primarily pushed by revenue from energy transmission and technology section.
It had reported ₹180.5 crore revenue for the second quarter a yr in the past. The corporate follows October to September as monetary yr.
In March quarter, the corporate reported a complete revenue of ₹1,893.9 crore, up from ₹1,196.8 crore within the year-ago interval.
Revenues from transmission rose to ₹1,013.8 crore from ₹604.9 crore in January-March 2024. Income from technology grew to ₹865.7 crore from Rs 591.7 crore.
Bills additionally shot as much as Rs 1,548.6 crore from Rs 952.4 crore on account of elevated value of supplies consumed and undertaking purchased outs and different direct prices.
The corporate’s revenue in October-March greater than doubled to ₹477.8 crore from ₹180.5 crore earlier.
SEIL is an power know-how firm. Shares of the corporate received listed on the inventory exchanges on June 19 after the demerger of power enterprise of Siemens Ltd.
“With this itemizing, we reaffirm our long-standing dedication to India’s power future. As India advances towards changing into a USD 7 trillion economic system, a powerful and resilient power system will probably be important. SEIL, with its devoted group, is able to help this essential journey for India and its folks,” firm’s MD and CEO Guilherme Mendonca stated.
In December 2023, Siemens Ltd stated its board has accepted the demerger of its power enterprise right into a separate entity.
Whereas Germany-based Siemens AG and its subsidiaries maintain 69 per cent stake in SEIL, subsidiaries of Siemens Vitality AG maintain 6 per cent, with the rest in free float.
Printed on July 7, 2025
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