{"id":301749,"date":"2019-11-20T10:50:31","date_gmt":"2019-11-20T05:20:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=301749"},"modified":"2019-11-20T11:14:33","modified_gmt":"2019-11-20T05:44:33","slug":"siemens-net-rose-18-4-in-sep-quarter-to-rs-330-cr-on-higher-revenues","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/siemens-net-rose-18-4-in-sep-quarter-to-rs-330-cr-on-higher-revenues\/","title":{"rendered":"Siemens net rose 18.4% in Sep quarter to Rs 330 cr on higher revenues"},"content":{"rendered":"<p>Siemens on Tuesday reported an 18.4 percent increase in consolidated net for the quarter to September at Rs 330.6 crore driven by higher revenue. <\/p>\n<p>The company, which follows the October-September fiscal year, said revenue from operations increased 5.7 percent to Rs 4,018 crore during the fourth quarter. <\/p>\n<p>For the full year, its net income jumped 21.6 percent to Rs 1,087 crore on an revenue of Rs 13,323.1 crore, up 8.38 percent over the previous year. <\/p>\n<p>&#8220;The overall performance was very satisfactory despite a challenging market environment. Based on our visibility, we see muted capex spending in the next couple of quarters by both public and private sector companies,&#8221; Siemens managing director Sunil Mathur said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Siemens on Tuesday reported an 18.4 percent increase in consolidated net for the quarter to September at Rs 330.6 crore driven by higher revenue. The company, which follows the October-September fiscal year, said revenue from operations increased 5.7 percent to Rs 4,018 crore during the fourth quarter. For the full year, its net income jumped 21.6 percent to Rs 1,087 crore on an revenue of Rs 13,323.1 crore, up 8.38 percent over the previous year. &#8220;The overall performance was very satisfactory despite a challenging market environment. Based on our visibility, we see muted capex spending in the next couple of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-301749","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=301749"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/301749\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=301749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=301749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=301749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}