Siemens Q2 FY27 Revenue Up 17% YoY

Reporting Period (Quarter/Year): Quarter ended September 30, 2026 (Q2 FY27) and Half-year ended September 30, 2026 (H1 FY27)

Nature of Filing / Announcement: Unaudited Financial Results (Standalone and Consolidated) with Limited Review

Date of Board Meeting / Approval: November 6, 2026

Audit Opinion: Clean (No qualifications or modifications noted in review report)

Auditor's Comment: Price Waterhouse Chartered Accountants LLP conducted limited review and found no material misstatements

Quarter Ended September 30, 2026:

Revenue from Operations: ₹51,137 million (compared to ₹43,630 million in Q2 FY25, +17.2% YoY)
Total Income: ₹54,602 million
Profit before exceptional item and tax: ₹7,812 million
Profit before tax: ₹7,812 million
Net Profit: ₹6,356 million
EPS: ₹17.85 (from continuing operations)

Half-Year Ended September 30, 2026:

Revenue from Operations: ₹93,088 million (compared to ₹79,917 million in H1 FY25, +16.5% YoY)
Total Income: ₹97,601 million
Profit before exceptional item and tax: ₹12,155 million
Profit before tax: ₹12,155 million
Net Profit: ₹27,578 million (includes ₹17,997 million from discontinued operations)
EPS: ₹77.44 (₹26.91 from continuing operations, ₹50.53 from discontinued operations)

Balance Sheet (Standalone as at September 30, 2026):

Paid-up equity share capital: ₹712 million (Face Value ₹2 per share)
Other Equity: ₹155,517 million (increased from ₹134,543 million as at March 31, 2026)
Cash and cash equivalents: ₹5,933 million (decreased from ₹13,030 million as at March 31, 2026)
Total Debt: Not specifically disclosed

Quarter Ended September 30, 2026:

Revenue from Operations: ₹57,340 million (compared to ₹49,004 million in Q2 FY25, +17.0% YoY)
Total Income: ₹58,856 million
Profit before exceptional item and tax: ₹6,756 million
Profit before tax: ₹6,756 million
Net Profit: ₹5,042 million
EPS: ₹14.16 (from continuing operations)

Half-Year Ended September 30, 2026:

Revenue from Operations: ₹104,477 million (compared to ₹90,081 million in H1 FY25, +16.0% YoY)
Total Income: ₹107,162 million
Profit before exceptional item and tax: ₹11,384 million
Profit before tax: ₹11,384 million
Net Profit: ₹26,473 million (includes ₹17,997 million from discontinued operations)
EPS: ₹74.34 (₹23.81 from continuing operations, ₹50.53 from discontinued operations)

Balance Sheet (Consolidated as at September 30, 2026):

Paid-up equity share capital: ₹712 million
Other Equity: ₹157,292 million (increased from ₹137,690 million as at March 31, 2026)
Cash and cash equivalents: ₹10,208 million (decreased from ₹16,935 million as at March 31, 2026)
Total Debt: Not specifically disclosed
Non-controlling interest: ₹112 million

Dividend: The cash flow statements indicate dividend payments of ₹6,396 million (standalone) and ₹6,404 million (consolidated) including tax thereon for H1 FY27
Business Sale: Sold Low Voltage Motors (LVM) business to Innomotics India Private Limited on June 1, 2026, for cash consideration (enterprise value) of ₹22,000 million, recognizing provisional gain of ₹20,990 million
Amalgamation: Board approved Scheme of Amalgamation of Siemens Rail Automation Private Limited (wholly-owned subsidiary) with Siemens Limited on May 26, 2026, subject to NCLT approval

Discontinued Operations: Energy business demerged effective March 25, 2025, and LVM business sold on June 1, 2026
Order Backlog: Grew 12.0% to ₹47,034 crore as per press release
New Orders: Rose 37.8% YoY to ₹6,228 crore in Q2 FY27
Management Commentary: Profitability impacted by volatility in commodity prices and foreign exchange
Change in Financial Year: Previous financial year was 18 months from October 1, 2024 to March 31, 2026