Siemens Q3 PAT seen up 43% at Rs 223 cr

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Siemens Q3 PAT seen up 43% at Rs 223 cr

Siemens is expected to report a jump of 43% (YoY) in profit after tax of Q3FY11. During the period, PAT is likely to go up to Rs 223.18 crore against Rs 156.12 crore in the corresponding quarter of last fiscal

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Siemens is expected to report a jump of 43% (YoY) in profit after tax of Q3FY11. During the period, PAT is likely to go up to Rs 223.18 crore against Rs 156.12 crore in the corresponding quarter of last fiscal.

Total income is seen going up 27% (YoY) to Rs 2,855.40 crore from Rs 2246.40 crore.

EBITDA is likely to go up 41% to Rs 340.25 crore in Q3 from Rs 291.98 crore in the corresponding quarter last fiscal.

Operating profit margin too is expected improving to 11.92% versus 10.77% year-on-year

Expect yet another strong quarter for Siemens on earnings growth front

Large ticket project awards will be key monitorable

Siemens Global reported its results yesterday
* Though the results were disappointing on a global front, India is performing well both in terms of revenues and order intake