India's Schneider Electric Infrastructure hits 2-month low as quarterly profit falls

Hitachi

17/08/2026 06:55

** Shares of Schneider Electric Infrastructure SEIN.NS fall 11% to 1,218 rupees, their lowest level in two months
** June-quarter net profit falls about 70% YoY and revenue from operations up 4.8% 
** "Profitability during the quarter was impacted by commodity price volatility and the lag in passing on higher input costs on certain legacy orders," says company 
     ** Goldman Sachs says EBITDA margins contracted sharply due to operating deleverage, adding that geopolitical disruptions affecting several capex-heavy customers prompted SEIN to defer some dispatches and orders to the next quarter
** Brokerage says margin pressure and revenue delays were also seen across peers, although competitors continued to report healthy order inflows
** Stock trades at trailing 12-month PE of 121.25 vs industry median of 28.32
** YTD, stock up 68.4% vs a 95.2% rise in shares of rival Hitachi Energy India HITN.NS 


 (Reporting by Abhinav Parmar in Bengaluru)
 ((Abhinav.Parmar@thomsonreuters.com;))