Siemens gains 3%, hits record high on strong operational performance in Q1

Overall, Siemens is expected to further strengthen its leadership position through further penetration of automation and digitization products & services across segments, ICICI Securities said
15-02-2023
Bigul

Q1FY23 Quarterly Result Announced for Siemens Ltd.

Heavy Electrical Equipment firm Siemens announced results for the quarter ended December 31, 2022: Siemens Limited registered profit after tax from continuing operations at Rs 438 crore, an increase of 80% over the same period last year driven by higher volumes, better price extraction and positive forex & commodity effects. Revenue from continuing operations was at Rs 3,596 crore, a 17% increase over the same quarter in the preceding year. The company’s new orders from continuing operations stood at Rs 5,446 crores, a 6% increase over the same period last year. The company had booked a large order worth approximately Rs 900 crore for Pune Metro Rail Line 3 corridor in Q1FY22. Consequently, new orders in Q1FY23 grew by 28% on a comparable basis. Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, “All our businesses performed well in Q1FY23 driven primarily by continued expansion in capex across most market verticals. The substantial increase in the outlay for capex in infrastructure including in the Railways made in the recent Budget announcements will give a continued boost to the Indian economy and consequently to all our businesses.” Result PDF
14-02-2023
Bigul

SIEMENS LTD. - 500550 - Board Meeting Intimation for To Consider, Inter-Alia, The Un-Audited Financial Results For The First Quarter Ended 31St December, 2022.

SIEMENS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/02/2023 ,inter alia, to consider and approve Please refer attached letter.
07-02-2023
Next Page
Close

Let's Open Free Demat Account