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Siemens reports 2-fold jump in Q3 consolidated net profit

03 Aug 2022 Evaluate

Siemens has reported results for third quarter ended June 30, 2022

The company has reported a rise of 81.86% in its net profit at Rs 293.70 crore for the quarter under review as compared to Rs 161.50 crore for the same quarter in the previous year. Total income of the company increased by 50.03% at Rs 3989.40 crore for quarter ended June 30, 2022 as compared Rs 2659.10 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 2-fold jump in its net profit at Rs 300.70 crore for the quarter under review as compared to Rs 141.80 crore for the same quarter in the previous year. Total income of the company increased by 50.12% at Rs 4337.00 crore for quarter ended June 30, 2022 as compared Rs 2889.00 crore for the corresponding quarter previous year.

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