Thursday, 11 May 2017

Siemens India net flat in Q2 >> SUBSCRIBE FREE for more Free Stock Tips

The Indian arm of German power distribution products maker Siemens Ltd on Wednesday reported Rs 186 crore net profit for its second quarter ending March 31, as against Rs 189 crore, registering flat year-on-year (YoY) growth. In a regulatory filing on the BSE, the city-based company said sales revenue for the quarter under review (Q2) grew 24 per cent YoY to Rs 2,983 crore from Rs 2,407 crore in like a period year ago.

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