[{"name":"Home","site_name":"Press | Company | Siemens","description":"","url_str":"\/in\/","level":0,"image":"","base_root":"https:\/\/press.siemens.com","base_nid":"221","base_nodepath":"\/node\/221","base_path":"\/in\/","base_secure_url":"https:\/\/press.siemens.com\/in","children":null}]
[]
Please use another Browser
It looks like you are using a browser that is not fully supported. Please note that there might be constraints on site display and
usability.
For the best experience we suggest that you download the newest version of a supported browser:
Siemens Ltd. announces Q3 FY 2019 results: New Orders up 6.4% at Rs. 3,023 crore; Profit after Tax up by 21.4% at Rs. 248 crore
For the third quarter of Financial Year 2019 ended June 30, 2019, Siemens Ltd. registered standalone Revenue of Rs. 3,110 crore, a 4.9% increase over the same quarter in the preceding year. New Orders stood at Rs. 3,023 crore, registering a 6.4% increase over the same quarter last year.
For the third quarter of Financial Year 2019 ended June 30, 2019, Siemens Ltd. registered standalone Revenue of Rs. 3,110 crore, a 4.9% increase over the same quarter in the preceding year. New Orders stood at Rs. 3,023 crore, registering a 6.4% increase over the same quarter last year.
Profit after Tax for the third quarter of Financial Year 2019 was Rs. 248 crore, an increase by 21.4 % over the same quarter last year.
Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Ltd., said, “We have delivered very solid results in the third quarter although we see a slowdown in capex related ordering by our customers, both public and private, and across our market verticals. Liquidity is becoming a concern in the industry, with payments being delayed and inventory offtake slowing down. In this scenario, our focus continues on driving our short term and digitalization businesses with a clear focus on profitable growth and working capital management.”