Heavy Electrical Equipment company Siemens announced Q1FY25 results New Orders rose 20% and were at Rs 4,258 crore. Revenue 3% lower at Rs 3,587 crore. Profit after Tax lower by 10% at Rs 372 crore. Announced Demerger of Energy business on track. EPS: Rs 10.45 for Q1FY25. Sunil Mathur, Managing Director and Chief Executive Officer, Siemens, said: “Our Smart Infrastructure and Mobility businesses, which are largely linked to Government spending in Capex, continued to grow profitably. However, our Revenue and consequently also our Profit from Operations for this quarter were impacted by a slowdown in the short cycle private sector Capex spending and the normalization of demand in our 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.” Result PDF