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Technology firm Siemens Ltd on Friday (November 6) reported a 3.9% year-on-year increase in net profit to ₹504 crore for the July-September 2026 quarter, compared with ₹485 crore in the corresponding period last year.
Revenue rose 17% to ₹5,734 crore from ₹4,900 crore in the year-ago quarter.
Earnings before interest, tax, depreciation and amortisation (EBITDA) increased 2.8% year-on-year to ₹626 crore from ₹609 crore. However, the EBITDA margin contracted to 10.9% from 12.4% in the corresponding quarter last year.
Siemens reported a 37.8% year-on-year increase in new orders to ₹6,228 crore during the July-September 2026 quarter. Its order backlog grew 12% to ₹47,034 crore. Profit from operations stood at 9.5% during the quarter.
Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, "Siemens Limited delivered strong growth in both Orders and Revenue, driven by continued Capex spending in infrastructure and an increase in private sector Capex. Profitability continues to be impacted mainly by volatility in commodity prices and foreign exchange, resulting in higher material costs."
Shares of Siemens Ltd ended at ₹3,555.00, up by ₹131.95, or 3.85%, on the BSE.
