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:
Tata Power Renewables Breaks Ground on 800 MW Hybrid Project in Andhra Pradesh
RECPDCL Transfers Two Key Power Transmission SPVs to Power Grid and Terralight Solar
Inox Wind Wins ₹16 Billion Repeat Order from NLC India for 200 MW Project
GAIL and RCF Ink Pact to Build 1.27 MMTPA Gas‑Based Fertiliser Plant in Maharashtra
Texmaco, Touax, TrinityRail JV to Invest ₹18 Billion in 100 Rakes to Boost Railcar Leasing
India’s Aviation Minister Pushes Cost‑Effective SAF Rollout From 2027
Vedanta Uses 4 Billion Units of Clean Energy in FY2026, Cuts Emissions
Suzlon Starts FY2027 Strong with Record Q1 Deliveries, 23% Revenue Growth
India to Develop 44 Airports Under Hub‑and‑Spoke Plan, Civil Aviation Secretary Says
India’s Satellite Communications Push Gains Momentum Through Public‑Private Partnerships: Viasat
India Moves to Give Consumers Choice of Power Supplier Under New Licensing Plan
REC Declares First Interim Dividend as Q1 Profit Jumps 23%
India Nears Two Clean Energy Milestones as BRESE 2026 Set to Welcome Global Leaders to New Delhi
Location Intelligence: The Invisible Layer Powering India’s Digital Public Infrastructure
AI Data Centre Leaders Map India’s Infrastructure Roadmap
Welspun One Signs 15,232 Sq. Ft. with Aditya Birla’s Novel Jewels at WTC Thane
NHAI Launches Framework to Share Highway Data with IITs, NITs and CSIR‑CRRI
UDAN 2.0: Indian Aviation’s Next Act
The Apprenticeship Anchor
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.