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HomeNewsBusinessEarningsSiemens Q1 PAT may rise 471% at Rs 207 cr: Kotak Sec

Siemens Q1 PAT may rise 471% at Rs 207 cr: Kotak Sec

Kotak Securities expects Siemens to report a 589.5 percent growth quarter-on-quarter (growth of 471.4 percent year-on-year) in net profit at Rs 206.9 crore.

August 01, 2013 / 19:07 IST

Kotak Securities has come out with its first quarter (April-June) earnings estimates for the capital goods sector. The brokerage house expects Siemens to report a 589.5 percent growth quarter-on-quarter (growth of 471.4 percent year-on-year) in net profit at Rs 206.9 crore.

Revenues are expected to increase by 17.6 percent Q-o-Q (up 15.2 percent Y-o-Y) to Rs 3,476.4 crore, according to Kotak Securities.

first published: Aug 1, 2013 07:07 pm

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