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Siemens Ltd Q2FY24; 19% fall in Profits

Siemens Limited offers products, integrated solutions for industrial applications for manufacturing industries, drives for process industries, intelligent infrastructure and buildings, efficient and clean power generation from fossil fuels and oil & gas applications, transmission and distribution of electrical energy for passenger and freight transportation, including rail vehicles, rail automation and rail electrification systems.

Financial Results:

Siemens Ltd reported Revenues for Q2FY24 of ₹5,382.00 Crores up from ₹4,331.00 Crore year on year, a rise of 24.27%.

Total Expenses for Q2FY24 of ₹4,808.00 Crores up from ₹3,928.00 Crores year on year, a rise of 22.4%.

Consolidated Net Profit of ₹534.00 Crores down 19.46% from ₹663.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹14.99, down 19.45% from ₹18.61 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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