{"id":366803,"date":"2020-08-10T10:07:20","date_gmt":"2020-08-10T04:37:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=366803"},"modified":"2020-08-10T10:11:53","modified_gmt":"2020-08-10T04:41:53","slug":"siemens-posts-rs-2-cr-loss-in-june-quarter-due-to-covid-19-disruptions","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/siemens-posts-rs-2-cr-loss-in-june-quarter-due-to-covid-19-disruptions\/","title":{"rendered":"Siemens posts Rs 2 cr loss in June quarter due to Covid-19 disruptions"},"content":{"rendered":"<p>Siemens on Friday reported a consolidated net loss of Rs 1.9 crore for June quarter 2020 mainly due to lower revenues in view of the Covid-19 pandemic. <\/p>\n<p>In the year-ago period, the company logged a profit of Rs 250.1 crore, a BSE filing said. <\/p>\n<p>Total income in the quarter declined to Rs 1,417.9 crore from Rs 3,300 crore in the same period last year. <\/p>\n<p>The company follows October-September as financial year. <\/p>\n<p>Revenue during the quarter fell 59.5 per cent to Rs 1,260 crore from Rs 3,110 crore in the year-ago period, driven by the closure of all factories and project sites on account of Covid-19. <\/p>\n<p>This also resulted in a standalone net loss of Rs 5 crore in June quarter compared to profit after tax of Rs 248 crore in the year-ago period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Siemens on Friday reported a consolidated net loss of Rs 1.9 crore for June quarter 2020 mainly due to lower revenues in view of the Covid-19 pandemic. In the year-ago period, the company logged a profit of Rs 250.1 crore, a BSE filing said. Total income in the quarter declined to Rs 1,417.9 crore from Rs 3,300 crore in the same period last year. The company follows October-September as financial year. Revenue during the quarter fell 59.5 per cent to Rs 1,260 crore from Rs 3,110 crore in the year-ago period, driven by the closure of all factories and project [&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-366803","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\/366803","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=366803"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/366803\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=366803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=366803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=366803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}