SIEMENS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Siemens Ltd has received approval from the Ministry of Corporate Affairs (Regional Director, Western Region) on May 13, 2026, for changing its financial year from October-September to the standard April-March cycle. The company will observe a one-time 18-month transitional financial year from October 1, 2024 to March 31, 2026. From April 1, 2026 onwards, Siemens will follow the uniform financial year of April 1 to March 31 each year. This aligns the company's fiscal year with the standard government fiscal calendar in India.
This regulatory change is administrative in nature and does not affect the company's fundamentals or business operations. Investors should note that the upcoming reported period will cover 18 months instead of 12 months, which may affect YoY comparisons for that transitional period.