Le Travenues Technology (Ixigo...
by
Tanushree Jaiswal
12th Jun 2024
Siemens Q1 Results FY2023, Net profit at Rs. 300.7 crores
Shreya Anaokar
Last Updated: 10th December 2022 - 06:13 am
On 2nd August 2022, Siemens announced its quarterly results for the first quarter of FY2023.
Q1FY23 Key Highlights:
- The Consolidated revenue for the quarter was Rs. 4258.3 Crores, up by 52.7% Yo-Y.
- PBT was at Rs. 407.8 Crores, 34%up by 107.85 YoY
- The net profit for the quarter was Rs.300.7 Crores, up by 141.8% YoY
Segment Revenue:
- The Energy segment posted a revenue of Rs. 1454.4 crores with growth at 52.3 % YoY.
- The Smart Infrastructure segment posted a revenue of Rs. 1506 crores with growth at 40.52% YoY.
- The Mobility segment reported revenue at Rs. 391.1 crores with a growth of 171.40 % YoY.
- Digital Industries reported revenue at Rs. 996.2 crores with a growth of 45.68 % YoY.
- The other segments reported a revenue of Rs. 18.4 crores with a decline of 14.81 % YoY
Commenting on the results, Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, “The strong performance was across all our businesses and included a significant order in our Mobility business. While we are currently not experiencing a slowing down in Public and Private Capex spending, we are concerned about global headwinds impacting demand which could result in a slowdown in Capex spending.”
Characters remaining
(1500)
View All
Disclaimer: Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.
Get 100 trades FREE* with the code "FREEPACK"
Trending on 5paisa
02
Tanushree Jaiswal
03
Tanushree Jaiswal
Discover more of what matters to you.
Corporate Actions Related Articles
Paytm stock extends gains, soa...
by
Tanushree Jaiswal
10th Jun 2024
Wardwizard Innovations stock s...
by
Tanushree Jaiswal
10th Jun 2024
SEBI proposes tighter rules fo...
by
Tanushree Jaiswal
10th Jun 2024
Suzlon Energy stock slumps 5% ...
by
Tanushree Jaiswal
10th Jun 2024
Want to Use 5paisa
Trading App?
