Siemens revenue rises 14.6% in Q6 FY26 amid strong order growth
Siemens Limited reported a 14.6% rise in Q6 FY26 revenue to INR 46.2 billion, supported by a 32.6% surge in new orders to INR 67.3 billion. However, EBITDA declined 11.5% to INR 4.5 billion as material costs increased, impacting margins. The Mobility segment saw a 74.9% jump in orders, while the order backlog reached a record INR 450.3 billion.

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Siemens Limited reported a 14.6% increase in revenue to INR 46.2 billion for Q6 FY26, driven by strong execution across its business segments, while profitability was impacted by rising commodity prices and currency depreciation. The company disclosed its financial performance for the quarter ended March 31, 2026, during an analyst meet held on May 28, 2026. Despite the challenging macro environment, new orders surged 32.6% year-on-year to INR 67.3 billion, resulting in a record order backlog of INR 450.3 billion.
Financial Performance
Consolidated revenue for the quarter grew to INR 46.2 billion from INR 40.3 billion in the corresponding period of the previous year. However, EBITDA fell 11.5% to INR 4.5 billion, squeezed by material costs which rose to 74% of revenue from 69% a year ago. The EBITDA margin contracted by 287 basis points to 9.7%. Profit before tax declined 13.6% to INR 4.6 billion.
| Metric (INR bn) | Q2 FY 2026 | Q6 FY 2026 | Change (%) |
|---|---|---|---|
| Revenue | 40.3 | 46.2 | +14.6% |
| New Orders | 50.7 | 67.3 | +32.6% |
| EBITDA | 5.1 | 4.5 | -11.5% |
| Profit Before Tax | 5.3 | 4.6 | -13.6% |
Segment Performance
Smart Infrastructure (SI) led the growth with new orders increasing 17.6% to INR 29.6 billion, driven by Power Utilities and Data Center verticals. Segment revenue rose 14.5% to INR 25.8 billion, though margins were impacted by commodity headwinds. Mobility (MO) witnessed a significant 74.9% jump in orders to INR 28.0 billion, supported by the 9K HP Loco project and supply allocations from the parent company. Digital Industries (DI) reported moderate order intake growth of 1.4% to INR 9.7 billion, with revenue increasing 14.5% to INR 11.5 billion.
Operational Highlights
The company highlighted the dispatch of 40 locomotives from Dahod and secured an INR 18 billion order for bogies and traction motors. Siemens Limited was recognized as India's #1 Sustainable Company in the Engineering, Electricals & Electronics sector by Business World in 2026. The presentation was made pursuant to Regulation 30, 46 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Siemens
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.17% | +2.33% | -3.30% | +17.39% | +19.22% | +271.21% |
What strategies will Siemens implement to mitigate the impact of rising commodity costs and currency depreciation on future profitability?
How does the record order backlog position the company for revenue growth in the coming fiscal year?
Will the surge in Mobility orders, particularly from the 9K HP Loco project, drive sustained growth or is it a one-time boost?

































