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Siemens Q1 net profit up at Rs 169.43 cr
Published on Tue, Jul 22 at 19:44 , Updated at Wed, Jul 23 at 09:36
Source : CNBC-TV18
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Siemens has announced its first quarter results. The company's Q1 standalone net sales were at Rs 1,809.68 crore versus Rs 1,782.27 crore, YoY. Its standalone net profit was up at Rs 169.43 crore versus Rs 81.79 crore, YoY. Its operating profit was at Rs 254.6 crore versus Rs 83 crore. In Q1 margins were at 14% versus 4.7% . Power business which had losses previuos quarter has seen huge jump up. Real estate margins were at 61.9% versus 45% on QoQ basis. Power business margins were at 16.7% versus 1% on YoY basis.
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Siemens is not showing an upward trend. It is hovering around 560 levels. Why? When will it move up?...
in Siemens - Guest at 08-Sep-08 02:13
Siemens target =900 in the year 2009....
Siemens (Rs 547.3):In our previous review of this stock in February this year, we had expected the correction in Si...
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Ramesh Damani
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