Schneider Electric Infrastructure reports 14.3% growth in order backlog
Author: PPD Team Date: 20/11/2024
Schneider Electric Infrastructure Ltd (SEIL) has reported a 14.3% year-on-year growth in its order backlog, which stood at Rs 13.89 billion as of September 30, 2024. The company also noted robust growth in order inflows during FY25.
In Q2FY25 (July to September), SEIL achieved an order inflow of Rs 5.72 billion, a 16.3% increase from Rs 4.92 billion in Q2FY24. For H1FY25 (April to September), order inflows rose by 17.5%, totalling Rs 11.04 billion compared to Rs 9.39 billion in H1FY24. The growth was driven by strong momentum across all segments.
Key orders in Q2FY25 for the “power & grid” segment included:
- Supply of 11kV RMUs (Ring Main Units) with FRTUs (Feeder Remote Terminal Units) for 11kV infrastructure development, awarded by a major power utility in eastern India.
- Supply of 11kV RMUs through SEIL’s licensed partner model for discoms across India.
- Supply of 33kV AIS (Air Insulated Switchgear) panels through an authorized channel partner to a leading solar developer in India.