Siemens standalone net profit rises 1025.79% in the September 2016 quarter

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Sales decline 7.46% to Rs 2990.30 crore
Net profit of Siemens rose 1025.79% to Rs 2466.95 crore in the quarter ended September 2016 as against Rs 219.13 crore during the previous quarter ended September 2015. Sales declined 7.46% to Rs 2990.30 crore in the quarter ended September 2016 as against Rs 3231.30 crore during the previous quarter ended September 2015.For the full year,net profit rose 144.07% to Rs 2888.04 crore in the year ended September 2016 as against Rs 1183.29 crore during the previous year ended September 2015. Sales rose 2.54% to Rs 10544.16 crore in the year ended September 2016 as against Rs 10283.02 crore during the previous year ended September 2015.
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First Published: Nov 23 2016 | 5:10 PM IST