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ENRIN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Siemens Energy India reported strong Q2 FY2026 results with revenue of Rs 2,394 crore, up 27.4% year-on-year. Profit from operations grew 38.9% to Rs 464 crore, with margins expanding 160 basis points to 19.4% driven by better operating leverage and higher export contributions. Profit after tax surged 52.4% to Rs 375 crore. For the six months ended March 2026, revenue was Rs 4,305 crore (up 26.8%) and PAT was Rs 689 crore (up 44.1%). Order backlog stood at Rs 18,433 crore, up 22.2% YoY. An exceptional item of Rs 519 million was recorded due to changes in labour codes affecting gratuity and compensated absences provisions. The auditor gave a clean limited review opinion with no qualifications.
Strong operational performance with robust revenue growth, margin expansion, and a healthy order backlog signals continued momentum. The 52.4% PAT growth is significantly above the 25% threshold, indicating strong profitability. The exceptional item from labour code changes is non-recurring and should not materially impact forward earnings.