For the fourth
quarter of Financial Year 2019, Siemens Limited registered a Revenue of
Rs. 4,018 crore, a 5.7% increase over
the corresponding quarter of the previous year. Profit after Tax increased
by 18.4% to Rs. 331 crore, compared to Rs. 279 crore for the corresponding quarter of the previous
year. New Orders for the fourth quarter stood at Rs. 3,189 crore.
For the Financial Year 2019, Siemens Limited
Orders for the Financial Year 2019 were Rs. 13,238 crore. The order backlog as of September 30, 2019 stood
at Rs. 11,879 crore or a
reach of approximately one year.
- Steady performance across most businesses; growth
in Order Income by 7% in Gas & Power, 7% in Smart Infrastructure and 11% in
- 8.4% increase in Revenue at Rs. 13,323 crore compared to Rs. 12,293 crore in the previous Financial Year.
increase of 18% in Profit before Tax at Rs. 1,642 crore compared to Rs. 1,391
crore in the previous year.
increase of 21.6% in the Company’s Profit after Tax at Rs. 1,087 crore compared to
Rs. 894 crore in the
Sunil Mathur, Managing Director and Chief
Executive Officer, Siemens Limited, said, "The
overall performance was very satisfactory despite a challenging market
environment. Based on our visibility, we see muted Capex spending in the next
couple of quarters by both public and private sectors. Our digitalization
initiatives however continue to gain traction across all market verticals and
we are experiencing increased interest by our customers in our integrated digital