Siemens December quarter net profit drops 15% to Rs 250 crore
Siemens on Friday reported 15 per cent dip in consolidated net profit at Rs 250.8 crore for December quarter 2021.
The company had logged a net profit of Rs 295.5 crore in the year-ago period, a BSE filing stated.
Total income rose to Rs 3,610 crore in the quarter from Rs 2,983.3 crore in the same period a year ago.
Total expenses also rose to Rs 3,272.5 crore from Rs 2,623 crore.
The company follows October to September financial year.
During the quarter, Siemens registered revenue from continuing operations at Rs 3,197 crore, 11.8 per cent increase over the year-ago period, a company statement said.
