Schneider Electric Infrastructure Share Price Falls 12% After Q1 Profit Plunges 70%
Shares of Schneider Electric Infrastructure came under heavy selling pressure on Monday after the company reported a steep decline in its June-quarter profit. The stock fell as much as 12.30% to Rs 1,200.05 on the BSE in early trade. The Indian arm of French energy technology major Schneider Electric reported a 69.9% year-on-year decline in net profit to Rs 12.4 crore in Q1 FY27, compared with Rs…
Shares of Schneider Electric Infrastructure plummeted 12.30% on Monday following a dramatic 69.9% year-on-year drop in net profit to Rs 12.4 crore in the first quarter of fiscal 2027, compared to Rs 41.2 crore in the previous quarter. The decline in earnings was attributed to commodity price volatility and delays in absorbing higher input costs for certain legacy orders.
Despite this, revenue from operations rose modestly 4.8% year-over-year to Rs 651.4 crore. The company highlighted that project execution schedules and the gradual conversion of recently secured orders into revenue impacted growth during the quarter. Operating performance also weakened, with EBITDA falling 50.9% to Rs 34.1 crore, down from Rs 69.4 crore a year earlier, bringing the EBITDA margin down to 5.2% from 11.2%.
Despite the earnings pressure, the company achieved its highest-ever quarterly order intake of Rs 915 crore, driven by demand from emerging sectors, particularly data centers and semiconductors. As of June 30, the company's order backlog stood at Rs 2,169 crore, marking a 32.7% increase compared to the year-earlier period.
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