For the first quarter of Financial Year 2013 ended December 31, 2012, Siemens Ltd. registered Profit after Tax (PAT) of Rs. 73.07 crores, up by 21% over PAT of Rs. 60.2 crores in Q1 2012.
Siemens Ltd. declared its results for the financial year 2012 today. The Company registered Sales of Rs. 12,708.1 crores, a rise of 8% over Sales of Rs. 11,818.3 crores in FY 2011. Profit before Tax, before exceptional items and prior-period items, were down by 43% compared to the preceding year.
Signs a contract worth Rs. 146.86 crores with Power Grid Corporation of India Ltd.
With its Sinamics V20 inverter, the Siemens presents a new variable frequency drive for basic applications. The compact and rugged inverter excels with short commissioning times, user friendly operation and high cost-effectiveness. The Sinamics V20 comes in four sizes to cover the performance range from 0.12 to 15 kW and is used to operate pumps, fans, compressors and conveyor systems, as well as for simple drive tasks in the processing and handling industry.
The Healthcare Sector of Siemens Ltd. along with Bayer Zydus Pharma is bringing Specialized Training in Advances in Radiology (STAR), an internationally coveted education program to India. The STAR program commences today in New Delhi and travels to Kolkata later in the week, covering a spectrum of latest developments in the field of radiology. The professionally organized lectures and workshops by eminent international faculty will help radiologists to provide their patients comfortable and enhanced care, by means of faster and accurate diagnosis.
The MoU aims to strengthen the industry- institute association to provide high quality automation and instrumentation courses to the faculty of BVCOE and other colleges across Mumbai & Maharashtra. The association will prove to be a vital link in reducing the technology adoption curve for the faculty.
Siemens VAI Metals Technologies has received an order from the Indian steel company BMM Ispat to supply a new merchant bar mill for its Hospet production location. The order volume ranges in the lower double-digit millions of euros. Commissioning of this rolling mill with an annual capacity of 850,000 metric tons of merchant bar steel products is scheduled for the end of 2013.
Largest order for gas-insulated switchgear panels won on a turnkey basis by the Infrastructure & Cities Sector of Siemens Ltd. since it was set up on October 1, 2011.Part of a worldwide launch, the new version enables project planning, configuration, commissioning, diagnostics and maintenance – all with one powerful tool. The SIMATIC PCS 7 V 8.0 has been released for Windows XP as well as Windows 7.
The MoU aims to strengthen the industry- institute association to provide high quality automation and instrumentation courses to the faculty of BVCOE and other colleges across Mumbai & Maharashtra. The association will prove to be a vital link in reducing the technology adoption curve for the faculty.