Schneider Electric Infrastructure Ltd (SEIL) announced a 27% increase in its net profit for the September 2024 quarter, reaching Rs 54.27 crore, up from Rs 42.86 crore in the same period last year. This growth was driven by higher income, as total revenue rose to Rs 608.64 crore, compared to Rs 497.64 crore in the second quarter of the previous fiscal year.
Additionally, the company’s board approved the appointment of Chinmoy Das as Additional Director and Whole-Time Director (WTD) for a three-year term, effective November 14, 2024. This decision follows a recommendation from the Nomination and Remuneration Committee. SEIL also confirmed the resignation of Amol Phatak, Non-Executive Non-Independent Director, due to a new role within the Schneider Electric Group.
SEIL specializes in manufacturing products like transformers and switchgears, with four facilities located across Vadodara, Kolkata, and Chennai. Schneider Electric Infrastructure Ltd (SEIL) is a leading manufacturer in the electrical and power distribution industry, specializing in products such as transformers, switchgears, and automation equipment.
Part of the global Schneider Electric Group, SEIL plays a crucial role in providing sustainable energy solutions, with a strong focus on improving energy efficiency and optimizing power management across various sectors. The company operates four manufacturing facilities across India, located in Vadodara, Kolkata, and Chennai, where it produces high-quality equipment to meet the growing demand for reliable and efficient energy infrastructure.
SEIL’s commitment to innovation and sustainability has made it a key player in the Indian power sector, helping to drive the adoption of advanced energy technologies in both industrial and residential applications.
Schneider Electric Infrastructure Limited, a subsidiary of Schneider Electric, is a prominent player in India’s electrical and energy management sector. The company specializes in designing, manufacturing, and servicing products and systems for power distribution and management, catering to industrial, commercial, and utility segments.
With a focus on sustainability and innovation, Schneider Electric Infrastructure offers a wide range of solutions, including switchgear, transformers, circuit breakers, and energy automation systems. Headquartered in Gurgaon, the company is a key contributor to India’s energy transition journey, supporting smart grid implementation and renewable energy integration. Schneider Electric Infrastructure combines global expertise with local innovation, driving efficiency, safety, and reliability in energy management across the country.
