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Siemens reports 9% rise in consolidated net profit for December quarter

13 Feb 2024 Evaluate

Siemens has reported results for first quarter ended December 31, 2023.

The company has reported 5.90% rise in its net profit at Rs 463.40 crore for quarter ended December 31, 2023 as compared to Rs 437.60 crore for the same quarter in the previous year. Total income of the company increased by 22.76% at Rs 4,591.50 crore for the quarter under review as compared to Rs 3,740.20 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 9.29% rise in its net profit at Rs 505.70 crore for quarter ended December 31, 2023 as compared to Rs 462.70 crore for the same quarter in the previous year. Total income of the company increased by 21.19% at Rs 4,989.30 crore for the quarter under review as compared to Rs 4,116.80 crore for the corresponding quarter previous year.

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