Schneider Electric Infrastructure (SCHNEIDER) Q3 25/26 earnings summary

Executive summary

• Achieved record quarterly sales exceeding INR 1,000 crore, driven by strong order inflow and robust service business mix, with order backlog reaching INR 1,707 crore, up over 50% YoY.

• Significant wins in sunrise sectors such as data centers, renewables, and semiconductors, including the largest transformer and semiconductor orders in 2025.

• Major digital and automation solutions deployed in utilities and metro rail networks, enhancing operational efficiency.

• Unaudited financial results for the quarter and nine months ended December 31, 2025, were approved by the Board on February 12, 2026.

• Limited Review Report from statutory auditors provided an unmodified opinion on the results.

Financial highlights

• Quarterly sales grew over 20% YoY, reaching INR 1,029 crore; nine-month sales up 12.3% YoY to INR 2,301 crore.

• EBITDA for 9M FY26 was INR 339 crore (14.7% margin), up 7.6% YoY; Q3 EBITDA was INR 177 crore (17.2% margin), up 20.1% YoY.

• Profit before tax (before exceptional items) for 9M FY26 was INR 281 crore, up 8.2% YoY; Q3 was INR 155 crore, up 19.4% YoY.

• Profit after tax for 9M FY26 was INR 191 crore, down 10.6% YoY; Q3 was INR 97 crore, down 12.2% YoY, impacted by exceptional items.

• Exceptional expense of INR 42.2 crore in Q3 FY26, mainly due to gratuity liability changes from new labor code.

Outlook and guidance

• Strong order pipeline expected to continue, supported by government CapEx, policy initiatives, and private sector momentum in renewables, e-mobility, and digitalization.

• Focus remains on accelerating order execution, profitability, and leveraging digital and modular solutions for growth.

• The company continues to monitor regulatory changes and will adjust accounting treatment as required.