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Press Release31 July 2017Mumbai

Siemens Ltd. reports tenth straight quarter of consistent Revenue growth and profitability

For the third quarter of Financial Year 2017 ended June 30, 2017, Siemens Ltd. registered 24.3% revenue growth from continuing operations at Rs. 2,695 crore compared to Rs. 2,168 crore in the third quarter of Financial Year 2016.

All Divisions witnessed Revenue growth based on a strong order backlog. Profit after Tax from continuing operations grew by 50.7% from Rs. 108 crore in Q3 2016 to Rs. 163 crore in Q3 2017.

Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Ltd., said, “All our businesses have performed consistently well. While Government spending continues in the Transmission, Distribution & Railway segments, we are seeing the first signs of Capex spending by the Private Sector as well.”

For this press release

Contact

Bijesh Kamath

Siemens Ltd., Media Relations

phone: +91 22 3967 7537, 3967 7000

E-mail: bijesh.kamath@siemens.com