SIEMENS LTD.

Siemens Ltd has successfully concluded its Goods and Services Tax (GST) litigation. The company received a show cause notice in September 2025 for a proposed GST levy of ₹34.83 crore, along with interest and penalty, related to the transfer of its leasehold interest in a property in Halol, Gujarat. While the Gujarat High Court had previously quashed this notice, the GST Department filed a Special Leave Petition (SLP) with the Supreme Court. The Supreme Court has now dismissed this SLP, bringing the litigation to a favorable close for Siemens Ltd. The company received the order on August 20, 2026.

Siemens Ltd has announced changes in its senior management for the Digital Industries business. Mr. Swapnil Deosthali will be stepping down as Head of Digital Industries Business effective August 16, 2026, to take on a new role within Siemens. Mr. Suprakash Chaudhuri will assume the interim responsibility for this role starting August 17, 2026. Concurrently, Ms. Sapna Rawat will cease to be the Finance Head of the Digital Industries Business on August 16, 2026, due to her resignation. Mr. Ashish Handa will take over as the interim Finance Head for the same business unit from August 17, 2026. These changes are effective from mid-August 2026.

Siemens Limited's consolidated (primary basis) revenue from continuing operations rose 14.8% YoY to ₹4,713.7 Cr, matching the company's own headline framing exactly. But core PAT — continuing operations, the figure the company itself leads with — fell to ₹343.4 Cr from ₹422.3 Cr a year ago, an 18.7% YoY decline (down a further ~3.3% QoQ from ₹355.2 Cr), as Profit from Operations margin compressed sharply to 7.6% from 11.0% YoY. The statutory 'Profit for the period' bottom line was ₹2,143.1 Cr (EPS ₹60.18), reported PAT growth of roughly +406% YoY, but that headline is entirely an artefact of a ₹2,099 Cr pre-tax one-off gain (₹1,799.7 Cr net of ₹308.1 Cr tax) from the completed sale of the Low Voltage Motors (LVM) business to Innomotics India on 1 June 2026 — the adjusted, apples-to-apples YoY PAT move is the -18.7% figure, and that is what the quarter should be judged on. Management attributed the margin squeeze explicitly to 'volatility in commodity prices, foreign exchange and increase in material costs' — language that mirrors almost verbatim the risk flagged in the prior (Q1 FY26) concall guidance around commodity and currency headwinds, so on that specific point this quarter confirmed rather than surprised. Segment-wise, Digital Industries grew fastest (+25.0% YoY to ₹1,144 Cr) but on a thin ~5.1% segment margin; Smart Infrastructure grew a steadier 10.7% YoY to ₹2,632.5 Cr while its own segment margin also compressed (to 7.6% from 13.4% YoY); Mobility revenue grew 12.8% YoY to ₹932.9 Cr with a segment result nearly tripling to ₹94.8 Cr, partly aided by a ₹39 Cr one-time gain management called out separately within the Rolling Stock business. No Q1 FY27-specific sell-side consensus PAT figure surfaced in search; the closest read-through is Jefferies' post-Q4FY26 downgrade to 'Hold' after a 'sharp margin miss' (EBIT ₹317 Cr vs a ₹463 Cr estimate, margin 7.6% vs 10.7% a year earlier) and its cut to FY26/FY27 full-year EPS estimates to ₹35.6/₹53 — this quarter's ~7.6% operating margin extends that already-lowered bar rather than resetting it. On the corporate-action front, the ₹2,200 Cr LVM slump sale closed 1 June 2026 (source of the one-off gain), the Board approved amalgamating wholly-owned Siemens Rail Automation into the parent on 26 May 2026 (consolidating the rail/Mobility platform, pending NCLT and shareholder/creditor approvals), and New Orders rose 16.5% YoY to ₹6,328 Cr (43.9% excluding a large year-ago Mumbai-Ahmedabad High-Speed Rail order), lifting the order backlog 9.6% YoY to ₹46,670 Cr. CEO Sunil Mathur's own framing — 'domestic demand continues to be strong... reflected in the Company's strong New Order growth... primarily driven by Smart Infrastructure' — is borne out by the order and Smart Infrastructure revenue numbers, even as the same release concedes the margin hit. Our pre-result preview flagged three watch items, all resolved by this print: core margin did NOT hold post-motors-exit — operating margin fell to 7.6%, well below the mid-teens range the preview had used as its bar, confirming the preview's central risk rather than the more upbeat 'quality restructuring' street read it also cited; the divestment gain was quantified at ₹2,099 Cr pre-tax (well above the preview's ₹200-300 Cr working range) with a ₹308.1 Cr tax hit on discontinued operations; and order-backlog visibility was strong, with backlog at ₹46,670 Cr and orders up 16.5% YoY, comfortably clearing the preview's '₹2,000+ Cr' watch bar (the preview's specific revenue scale of ~₹700-750 Cr does not reconcile with the ₹4,714 Cr actually reported, so that particular figure could not be validated). Heading into Q2, the open question is whether commodity/FX cost pressure eases — management gave no formal quantitative guidance, only a qualitative reiteration of 'profitable growth' as its focus.

Siemens Ltd has announced that its Board of Directors will convene on August 11, 2026. The primary agenda item for this meeting is to consider and approve the Un-audited Financial Results for the first quarter ended June 30, 2026. This notification is in compliance with Regulation 29 of the Listing Regulations. Investors and stakeholders will be looking for key financial performance indicators for the initial quarter of the fiscal year.

Siemens Ltd has filed its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2024-26, covering an 18-month period ending March 31, 2026. The report includes an Independent Practitioner's Reasonable Assurance Report on BRSR Core Indicators provided by Price Waterhouse Chartered Accountants LLP. The company highlights its DEGREE Sustainability Framework (Decarbonization, Ethics, Governance, Resource Efficiency, Equity, Employability) and its focus on India as a key market. Disclosures are on a standalone basis for Siemens Limited, excluding the demerged Energy business from March 1, 2025, and classifying the LVM business as discontinued operations pending slump sale. The report is available on the company's investor relations website.

Siemens Ltd has issued a notice regarding its 68th Annual General Meeting (AGM) scheduled for August 11, 2026, at 3:00 PM IST, to be held via Video Conferencing. The company has also dispatched the Annual Report for the Financial Year 2024-26. For members whose email addresses are not registered, a letter provides a web-link and access path to download the Annual Report and the AGM notice from the company's website. Members are encouraged to update their email addresses for future electronic communication.

Siemens Ltd has published its Business Responsibility and Sustainability Report (BRSR) for the financial year 2024-26, covering an 18-month period ending March 31, 2026. The report details the company's ESG strides anchored by its DEGREE Sustainability Framework (Decarbonization, Ethics, Governance, Resource Efficiency, Equity, and Employability). Price Waterhouse Chartered Accountants LLP has provided reasonable assurance on core indicators. The report covers Siemens Limited on a standalone basis, excluding the demerged Energy business from March 1, 2025, but including discontinued LVM business operations pending slump sale. Siemens highlights its focus on India as a key market and innovation hub.

Siemens Ltd has released its Annual Report for the Financial Year 2024-26, covering the period from October 1, 2024, to March 31, 2026. The report includes the notice for the 68th Annual General Meeting (AGM) scheduled for August 11, 2026, to be held via video conferencing. Financial highlights show significant figures for orders received, revenue from operations, and profit after tax (PAT). The company also uploaded its full Business Responsibility and Sustainability Report (BRSR) on its investor relations website. Key financial metrics such as PBDIT, PBT, and PAT have been detailed across multiple fiscal years, alongside dividend information and book value per share.

Siemens Ltd has released its Annual Report for the Financial Year 2024-26 (October 1, 2024 – March 31, 2026), along with the notice for its 68th Annual General Meeting (AGM) scheduled for August 11, 2026. The report includes detailed financial highlights, with revenue from operations at ₹261,074 million and Profit After Tax (PAT) at ₹25,460 million for FY26. The company also reported orders received of ₹338,678 million. The AGM will be conducted via Video Conferencing. The full Business Responsibility and Sustainability Report (BRSR) is also available on the company's investor relations website.

Siemens Ltd has announced the record date for determining eligibility for dividend payment, if declared at the upcoming 68th Annual General Meeting (AGM). The record date is set for Wednesday, July 29, 2026. This date will be used to identify shareholders entitled to receive dividends for the fiscal year 2024-26. Dividend payments, if approved by the members at the AGM and recommended by the Board, are expected to commence from Thursday, August 13, 2026. The eligibility will be based on shareholding as of the record date, for both physical and electronic forms.