Siemens has reported results for the quarter ended June 30, 2011.
The company’s net profit for the quarter declined by 0.86% at Rs 154.78 crore whereas the same was at Rs 156.12 crore for the quarter ended June 30, 2010. Its total Income has registered growth of 24.59% at Rs 2798.87 crore for the quarter under review whereas the same was at Rs 2246.40 crore for the corresponding quarter of the previous year.
During the quarter, the High Court of judicature at Bombay approved the scheme of amalgamation of Siemens Rolling Stock (SRSPL), a wholly owned subsidiary, with the Company, the appointed date for the amalgamation was October 01, 2009. Consequently, the financial results for the current quarter and nine months ended June 30, 2011 include the results of SRSPL and are reflected in the Business Division 'Mobility' in the Industry Sector under the segmental reporting.
However, in the preceding quarters of the current year Siemens Building Technologies (SBTPL) and Vista Security Technics (Vista) included in the business division of 'Building Technologies' under the Industry Sector and Siemens Healthcare Diagnostics (SHDL) included under the Healthcare Sector have been amalgamated with the Company. So, the company has accordingly reported that the corresponding figures for the previous periods are not strictly comparable.
Company Name | CMP |
---|---|
Havells India | 1657.35 |
Siemens | 6867.05 |
Apar Inds | 9934.25 |
Waaree Energies | 2877.90 |
ABB India | 6923.80 |
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