Automation and solutions provider Siemens´ net beat expectations, rising 13-fold to Rs 168.26 crore for the third quarter of FY2015, compared to Rs 13 crore in the year-ago period. The company´s sales growth was muted at Rs 2,322.01 crore compared to Rs 2,318.74 crore. The company registered new orders of Rs 2,234.08 crore, down more than 18 per cent compared to Rs 2,732.09 crore. Its total expenses fell by 8.4 per cent to Rs 2,179.3 crore with raw material costs down 9.6 per cent and other expenses falling 15.3 per cent year-on-year.
FlashNews:
Advantage Assam: Trust, Governance and Growth Under Prime Minister Modi
Near Western Dedicated Freight Corridor Completion, DFCCIL Chief Inspects JNPA‑Vaitarna Stretch
Union Cabinet Clears $146 Million Delhi Metro Expansion, Adding 16 km and 13 Stations
Saleem Ahmad Takes Charge as RVNL CMD, Steering Shift to All‑Infra Vision
Clean Leap: Manohar Lal Inaugurates First Unit of 2,000 MW Subansiri Hydropower Project
DFCCIL Pushes Fast-Track Plan for Gati Shakti Cargo Terminals
Chhattisgarh, GAIL Ink MoU for 1.27‑Million‑Ton Gas‑Based Fertiliser Plant
Noida International Airport Taps Tech Mahindra for 24×7 Cybersecurity Command Centre
Centre Approves ₹8.87 Billion Mumbai Marina to Boost Coastal Shipping and Maritime Tourism
PM Surya Ghar Rooftop Solar Scheme Crosses 1.95 Million Installations, Delivers 770,000 Zero Bills
Waaree Gets ALMM-II Nod for 5.25 GW Solar Cells
Inox Wind Secures Repeat 100 MW Order from Jakson Green
SITA Strengthens India’s Digital Aviation Infrastructure as Passenger Growth Accelerates
India moved from power scarcity to sustainability, says Piyush Goyal
GM Rao Urges Andhra University Alumni to Drive Innovation, Entrepreneurship and India Growth Story
India Begins Hydrogen Car Trials as Minister Joshi Drives Toyota Mirai to Parliament
MNRE Refutes Financing Pause; Calls for Expansion into Upstream Solar Manufacturing
IndiGrid to Acquire Gadag Transmission for ₹3.72 Billion
India Launches First All‑Electric Tug at Deendayal Port, Accelerates Green Maritime Shift
Home » Siemens Q3 net rises 13-fold to Rs.168 cr
Siemens Q3 net rises 13-fold to Rs.168 cr
Technology
September 1, 2015September 1, 2015
Leave a Reply
You must be logged in to post a comment.