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Siemens dips 8% on profit booking after Q4 margin disappointment

Q4FY21 Ebitda margin declined 250 bps to 10.4 per cent as against 12.9 per cent in Q4FY20 impacted by higher other expenses, gross margins

Topics
Buzzing stocks | Siemens | Q2 results

SI Reporter  |  Mumbai 

The logo of German industrial group Siemens is seen in Zurich, Switzerland
The logo of German industrial group Siemens is seen in Zurich, Switzerland

Shares of dipped 8 per cent to Rs 2,099 on the BSE in Thursday’s intra-day trade on profit booking after the company reported 250 basis points (bps) decline in earnings before interest, taxes, depreciation, and amortization (ebitda) margin of 10.4 per cent in September quarter (Q4FY21) as against 12.9 per cent in Q4FY20 impacted by higher other expenses, gross margins.

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First Published: Thu, November 25 2021. 09:46 IST
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