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Siemens reports thirteen fold jump in Q3 net profit

06 Aug 2015 Evaluate

Siemens has reported results for third quarter ended June 30, 2015.

The company has reported about thirteen fold jump in its net profit at Rs 168.25 crore for the quarter ended June 30, 2015 as compared to Rs 12.99 crore for the same quarter in the previous year. The company’s total income has increased by 1.29% to Rs 2431.51 crore for the quarter under review, from Rs 2400.65 crore for the corresponding quarter of the previous year

Siemens is a technology powerhouse that has stood for engineering excellence, innovation, quality and reliability. The company focuses on the areas of electrification, automation and digitalization. It is one of the leading producers of energy-efficient, resource-saving technologies; combined cycle turbines for power generation; and power transmission solutions.

Peers
Company Name CMP
Waaree Energies 2396.50
Apar Industries 18171.00
Havells India 1059.50
Suzlon Energy 38.35
Siemens 3804.45
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