Siemens Energy India reports 39.3% YoY revenue growth in June quarter – pv magazine India

Siemens Energy India reported revenue of INR 2,486 crore for the quarter ended June 2026 (Q3 FY2026), up 39.3% year on year (YoY). The company attributed the solid growth to robust order backlog and execution.
Profit after tax (PAT) rose 67.8% YoY to INR 441 crore. The profit from operations margin improved by 430 basis points (bps) YoY to 21.9%, primarily driven by better operating leverage, higher export contributions, and disciplined order execution.
The company’s order backlog stood at INR 19,331 crore, an increase of 16.4% YoY.
“Our strong Q3 FY2026 performance underscores the resilience of our business model and the disciplined execution of our strategy. Healthy revenue growth, expanding profitability, and a robust order backlog provide a solid foundation for sustained value creation,” said Guilherme Mendonca, managing director and chief executive officer, Siemens Energy India Ltd(SEIL), commenting on the Q3 FY2026 results.
Mendonca added that with India adding more than 30 GW of renewable energy capacity in the first half of CY2026 and power demand rising globally – driven by electrification, industrial growth, and AI-enabled data centers – the need for stronger, smarter, and more flexible energy infrastructure has never been greater. He said Siemens Energy India Limited is uniquely positioned to support this transformation through its innovative grid technologies, grid flexibilization solutions, and advanced power generation portfolio.
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