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Siemens secures new orders worth Rs 3,635 crore in Q2

15 May 2019 Evaluate

Siemens has secured new orders worth Rs 3,635 crore during the second quarter ended March 31, 2019, a 24.3% increase over the corresponding quarter of the previous year. Order backlog recorded a six-year high.

For the second quarter of Financial Year 2019, the company has recorded a revenue of Rs 3,461 crore, a 9.4% increase over 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.

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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