Siemens reports 19% rise in new orders, revenue up 14%
pre-market1 source ↓written by the desknot a recommendation
- in net profit
- 54.8% decline
- for Q3
- ₹279 cr
- due to new
- ₹74.3 cr
- Revenue increased
- 14% YoY
- ₹3,830 cr
Siemens Limited reported a 54.8% decline in net profit to ₹279 cr for Q3, impacted by a one-time charge of ₹74.3 cr due to new labour codes. Revenue increased 14% YoY to ₹3,830 cr, with new orders up 19% to ₹4,829 cr. Operating margin softened to 11% from 11.5% last year. 📉
Not investment advice. For informational purposes only.