For the first quarter of Financial Year 2018 ended December 31, 2017, Siemens Limited registered a Revenue of Rs. 2,363 crore which amounts to a 5.8% increase in Revenue (excluding the impact of transition from Excise Duty to GST) over the same quarter in the preceding year.
Profit after Tax for the first quarter of Financial Year 2018 was Rs. 191 crore, up by 18.6% over the same period last year. New Orders for the period stood at Rs. 3,257 crore, up by 2.1%.
Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, “While our Revenue growth comes largely out of our strong Order Backlog, which as at 30th September 2017, stood at an all-time high of Rs. 12,263 crore, orders continue to grow primarily from the infrastructure sector and digitalization projects.”