Siemens Limited — Board Meeting, 13-05-2025: Outcome of Board Meeting
13-05-2025 | 04:06 pm
13-05-2025 | 04:06 pm
Siemens Limited has announced a board meeting approving the financial results for the quarter and half-year. Consolidated revenue rose 3% to INR 4,259 crore in Q2, with new orders jumping 44% to INR 5,305 crore, led by Mobility and Smart Infrastructure. Operating profit fell 19.5% to INR 462 crore, while PAT declined 37% to INR 408 crore, hit by demerger costs and absence of last year’s property sale gains. The Energy business is set to demerge into Siemens Energy India from March 1, 2025. Management is upbeat on growth as private Capex and digital demand pick up.
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