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Automation major Schneider Electric Infrastructure Ltd (SEIL) on Thursday (November 5) reported a 43.2% year-on-year (YoY) decline in net profit to ₹29.7 crore for the second quarter of FY27, compared to ₹52.3 crore in the corresponding quarter last year.
Revenue from operations increased 19.8% to ₹779.12 crore from ₹650.14 crore.
Earnings before interest, tax, depreciation and amortisation (EBITDA) fell 28.3% to ₹60.13 crore from ₹83.81 crore in the year-ago period. EBITDA margin contracted to 7.7% from 8.9%.
The company recorded its highest-ever quarterly order intake of ₹1,265 crore in Q2 FY27, surpassing its previous record of ₹915 crore in Q1 FY27. Demand remained strong across established business segments as well as emerging areas such as data centres and semiconductors.
For the first half of FY27, order intake stood at ₹2,180 crore, up 24.7% year-on-year. The order backlog as of September 30, 2026, stood at ₹2,701 crore, registering a 49.6% increase from the year-ago period.
Sales for Q2 FY27 increased 19.8% year-on-year and 19.6% sequentially to ₹779 crore. The company said conversion of order wins into sales was progressing well and project execution had picked up. Sales for the first half of FY27 stood at ₹1,430 crore, up 12.5% year-on-year.
Earnings before interest and tax (EBIT) declined to ₹56 crore in Q2 FY27 from ₹72 crore in the corresponding quarter last year. For H1 FY27, EBIT stood at ₹64 crore compared to ₹130 crore in H1 FY26.
The company said profitability remained below last year's levels due to commodity price volatility and delays in passing on higher input costs on certain legacy orders. Margins are improving sequentially as the company executes orders booked at current cost levels.
Deepak Sharma, Zone President- Greater India, Schneider Electric, and Board Director, Schneider Electric Infrastructure Ltd, said, “SEIL has delivered another strong order quarter, and the recovery in sales in Q2 shows that our execution is gaining momentum.
Demand from data centres, semiconductors and grid infrastructure continues to be strong as India advances its electrification and industrial modernisation journey. While profitability remains below last year, our priority is to convert the strong order book into sales, and to improve project margins through disciplined execution, cost pass-through and portfolio enrichment."
Udai Singh, MD and CEO, Schneider Electric Infrastructure Limited, said, "Highest-ever orders in Q2, a strong sequential recovery in sales and a record order backlog make this a solid half year for SEIL.
Our focus now is on timely delivery, operational excellence and improving the margin quality of our order book. We are also investing for the future. The Board has approved a capacity expansion at our Kolkata facility, and we have been recognised for our work on sustainability and governance. With a healthy pipeline and a strong backlog, we are well positioned to create long-term value for our customers and shareholders."
Shares of Schneider Electric Infrastructure Ltd ended at ₹1,128.00, down by ₹19.95, or 1.74%, on the BSE.
