Q1 Results: Profit jumps 35%, margins improve, earnings rise by ₹394 crore, keep an eye on the stock

News Topical, Digital Desk : Siemens Energy India, a leading company in the energy tools and infrastructure sector, reported strong year-on-year (YoY) results for the first quarter (Q1). The company demonstrated strong growth in profits, revenue, and EBITDA, along with improved margins. The company also announced plans for a major investment in a transformer factory.

Key Business Statistics (YoY)

Profits increased from ₹232 crore to ₹313 crore. Revenue increased from ₹1,517 crore to ₹1,911 crore.
The company's EBITDA increased from ₹335 crore to ₹461 crore. EBITDA margin improved from 22.1% to 24.1%. The 200 basis point improvement in margins indicates the company's improved operational performance and cost control.

Major Investment in Transformer Factory:

The company announced an investment of ₹2060 crore to expand its transformer manufacturing capacity. This investment is being made in response to growing demand in the power transmission and distribution sectors. This is expected to improve the company's production capacity and order execution capabilities.

The company's strong earnings growth and improved margins indicate continued demand in the energy and power infrastructure sectors. The investment plan appears to strengthen long-term growth prospects.

Siemens Energy India performed strongly in Q1. The company's capex plan, along with improved profitability and margins, demonstrates confidence in future growth. Investors will now be watching the order book and margin trends in the coming quarters.

Read More: Q1 Results: Profit jumps 35%, margins improve, earnings rise by ₹394 crore, keep an eye on the stock