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Siemens reports rise of 18% in Q2 net profit

03 May 2018 Evaluate

Siemens has reported result for the second quarter.

The company has reported a rise of 17.99% in its net profit at Rs 219.70 crore for the quarter ended March 31, 2018 as compared to Rs 186.20 crore for the same quarter in the previous year. Total income of the company has increased by 7.61% at Rs 3,283.40 crore for quarter under review as compared to Rs 3,051.20 crore for the quarter ended March 31, 2017.

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.


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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