NEW DELHI : Siemens on Tuesday posted an over 90 per cent rise in consolidated net profit at ₹334.4 crore for the March quarter, mainly on the back of higher revenues.
The consolidated net profit of the company stood at ₹175.7 crore in the quarter ended March 31, 2020, it said in a BSE filing.
Total income rose to ₹3,540 crore in the March quarter from ₹2,722.1 crore in the same period a year ago.
The company follows the October to September financial year.
“Order growth has been robust across all our businesses. There has been increased demand in our power transmission, digital grid and distribution systems businesses. Our digital industries segment saw growth in the machine tool and process automation businesses.
