Siemens Q2 Results: Net Profit Declines 25% Despite Uptick In Revenue
Siemens Ltd. posted a nearly 25% year-on-year decline in its standalone net profit in the quarter ended March 31, 2025, even as its revenue advanced during the period.
The company follows an October-September cycle, which makes the January-March period its second quarter.
The net profit came in at Rs 674 crore, as compared to Rs 896 crore in the year-ago period, according to an exchange filing on Tuesday.
Siemens Q2 Earnings Highlights (Standalone, YoY)
Revenue up 2.5% at Rs 3,809 crore versus Rs 3,716 crore
Ebitda declines 29.4% to Rs 386 crore versus Rs 547 crore
Margin contracts to 10.1% versus 14.7%
Net profit down 24.8% to Rs 674 crore versus Rs 896 crore
Orderbook Position
New orders rose 44% to Rs 5,305 crore versus Rs 3,697 crore.
Order backlog grew 7%.
The company's revenue grew marginally in the March quarter due to the ongoing normalisation 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 of fixed costs and higher cost of material in the digital industries business.
Additionally, the bottom line was impacted by an extraordinary gain of Rs 192 crore from the sale of property in the year-ago quarter, and demerger expenses of Rs 63 crore in the current quarter.
Commenting on the company's financial performance, Siemens India Managing Director and Chief Executive Officer Sunil Mathur 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."
Shares of Siemens settled 0.85% higher at Rs 2,921.5 apiece on the BSE, compared to a 1.55% decline in the benchmark Sensex. The quarterly results were declared barely a couple of minutes before the market's close.
-
A New Samvat Wishlist: Inclusive Prosperity And Human Development
India has strengthened its economic foundations through infrastructure, digital access and enterprise. Its next growth chapter must deepen productivity, create better livelihoods and widen participation in prosperity.
-
Love, Sex Aur Dhokha: The Audacious Plot To Spy On Jensen Huang
A Taipei dinner, a Singapore chip buyer and a suspected Chinese asset: inside the alleged spy operation that got close to NVIDIA's Jensen Huang.
-
Ten Things I Learnt This Samvat
Patience can be a trap. Cheap stocks can stay cheap. Leverage can wipe you out. What did Samvat 2082 teach us? Niraj Shah writes on 10 lessons from the year gone by.
-
Talking Points This Week: Tech Nerves, FII Buying, And A Faraway Banking Shock
The global markets are not shining this Diwali. The exception in the large markets is, India.
-
Midterm Rally Lasted A Day. The Hard Reality Of A Divided US May Last Two Years | Opinion
Between a contested AI boom, a debt ceiling that arrives in 2027 and a president with every incentive to act alone, the next two years may prove more volatile than the first day's rally suggests.
-
Blue Wave Will Derail the AI Trade but Won't Dismantle the AI Era | Unhedged Position
The Democrats' sweep of the US Congress will see politics collide with economic forces both over the long and short term.
-
It's Time To Take The GST Council's Bet On Trust Global
Payment records can prove India's services exports, and clear, proportionate rules can bring foreign digital sellers into the tax net.
-
Opinion | India at 38: From Innovation Overperformer to Innovation Powerhouse
India now has 453 VC-backed deep science startups, 18 of them late-stage, after 117 percent growth since 2020. Laurus Labs, at USD 9.3 billion, is the most valuable deep science company in any middle-income economy outside China.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.