The corporate’s new orders stood at ₹6,245 crore, a rise of 18% over ₹5,288 crore in the identical interval final yr. File
| Picture Credit score: Reuters
Siemens has reported a 25% rise in revenue after tax (PAT) at ₹531 crore in the course of the April-June quarter of this fiscal, on account of upper revenues.
“The corporate, which follows the October to September fiscal yr, had reported a PAT of ₹424 crore a yr in the past,” an organization assertion mentioned on Friday (August 9, 2024).
Its revenues rose to ₹4,714 crore, up 7% from ₹4,407 crore within the year-ago interval.
The corporate’s new orders stood at ₹6,245 crore, a rise of 18% over ₹5,288 crore in the identical interval final yr.
“All our companies carried out effectively within the quarter with strong progress in income and profitability. The sturdy efficiency got here off a high-quality order backlog that we proceed to ship diligently. Whereas order revenue continues to be sturdy in our sensible infrastructure, mobility and power segments, we proceed to expertise weak order consumption within the Digital Industries section,” mentioned Sunil Mathur, Managing Director and Chief Government Officer.
Siemens Ltd. is a know-how firm targeted on business, infrastructure, transport in addition to transmission and technology {of electrical} energy.
