Overview

• Siemens Energy India reported revenue of Rs 1,879 crore for January-March, up 57% year-on-year, and net profit of Rs 246 crore, a 37% increase.
• Operating margin contracted to 19% from 22.6% as raw material costs doubled and stock-in-trade expenses tripled.
• Revenue from power transmission surged 67.6% to Rs 1,014 crore, while power generation rose 46.3% to Rs 866 crore.
• Shares have gained nearly 21% since the June 19 demerger listing; they were up about 4% intraday to Rs 3,009 after the results.
• Brokerages cited a ₹15,100 crore order backlog; India’s sizable transmission capex pipeline underpinned renewed buy ratings alongside elevated price targets.