Siemens Q3 results: PAT falls 10% to ₹372 crore, revenue dips over 3%

However, the company witnessed a 3.3% year-on-year dip in its revenue from operations to ₹3,587.2 crore in the October-December quarter of FY25, compared to ₹3,709.5 crore in the year-ago period.

On the operational end, the MNCs Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) stood at ₹401 crore in Q3 FY25, slipping 11.48% year-on-year from ₹453 crore in the December quarter of the 2023-24 financial year (Q3 FY24). Its EBITDA margin contracted to 11.2% in the period under review in comparison to 12.2% a year earlier.

New orders for the period rose 19.61% YoY to ₹4,258 crore as against ₹3,560 crore in Q3 FY24.

"Our Smart Infrastructure and Mobility businesses, which are largely linked to government spending in capex, continued to grow profitably," Sunil Mathur, Managing Director and Chief Executive Officer of Siemens, said.

However, he said, revenue and consequently profit from operations for this quarter were impacted by a slowdown in the short cycle private sector capex spending and the normalisation of demand in the digital industries business.

“With the announcements in the recent Union Budget, we expect a positive impact on our businesses from the Government's continued emphasis on building a world-class infrastructure, measures to boost consumption and the increased focus on manufacturing,” Mathur said.

The energy business continued to deliver strong profitable growth during the quarter on continued robust demand for transmission products and solutions, including a favourable one-time impact of ₹98 crore on profitability, the company said.

Siemens stock stood at ₹5,160 apiece, down 0.86% on the National Stock Exchange (NSE) on Wednesday, after the company announced its Q3 results.

The company has a total market capitalisation of ₹1.84 lakh crore on February 12, 2025, on the NSE.