Siemens reports 5% fall in consolidated net profit for September quarter

26 Nov 2020 Evaluate

Siemens has reported results for quarter ended September 30, 2020.

The company has reported 0.91% fall in its net profit of Rs 327.60 crore for the quarter under review as against net profit of Rs 330.60 crore for the same quarter in the previous year. Total income of the company decreased by 10.37% at Rs 3580.40 crore for quarter ended September 30, 2020 as compared Rs 4017.20 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 4.87% fall in its net profit from continuing operations at Rs 335.70 crore for the quarter under review as against net profit of Rs 352.90 crore for the same quarter in the previous year. Total income of the company decreased by 10.60% at Rs 3609.30 crore for quarter ended September 30, 2020 as compared Rs 4037.10 crore for the corresponding quarter previous year.

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