Siemens Ltd registered 24 % Revenue growth from continuing operations at Rs. 2,983 crore compared to Rs. 2,407 crore in second quarter of Financial Year 2016. Profit after tax from continuing operations stood at Rs. 186 crore in Q2 2017 compared to Rs. 189 crore in Q2 2016. The company registered robust growth of 96 % increase in new orders from continuing operations at Rs. 4,725 crore compared to Rs. 2,410 crore in second quarter of Financial Year 2016.
Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Ltd., said, “All our Divisions have performed well. With our digital solutions, we are supporting our customers in finding solutions to problems that are foremost on their minds. Our Public Sector business is growing well with focus by the Government on the Transmission & Distribution of power as also on modernizing the Indian railways.”