Siemens net jumps 36 per cent in Jul-Sep quarter to Rs 534 crore

Siemens Ltd on Tuesday posted a 36 per cent rise in net profit at Rs 534 crore in the September quarter compared to the year ago, mainly on the back of higher revenues.

The company, which follows the October to September fiscal year, had reported a net profit of Rs 392 crore a year ago, a company statement said.

Siemens Ltd registered a revenue of Rs 5,297 crore in the fourth quarter of financial year 2023 ended September 30, registering a 25 per cent increase over Rs 4,236 crore a year ago, the company said.

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