Siemens India's first quarter profit after tax is expected to increase 13.6 percent year-on-year to Rs 74 crore, according to the average of estimates of analysts polled by CNBC-TV18.
Total income is seen going up 2.2 percent to Rs 2,445 crore in the quarter ended December 2014 from Rs 2,394 crore in same quarter last fiscal. The slow growth in revenue may be due to weak order inflows during the quarter.
Analysts expect stagnant order book and clients' related issues in specific projects to lead to muted execution. According to them, the company may see weak traction in large projects in the energy and industrial businesses. Healthcare and smart grid in energy segments are few segments where the company may see traction in terms of fresh business opportunities.
The company follows October-September as its financial year.
However, operating profit (EBITDA) may fall 2.4 percent year-on-year to Rs 146 crore and margin may decline 30 basis points to 6 percent in the quarter gone by.
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