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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.
Motilal Oswal expects Siemens to report a 326.4 percent growth quarter-on-quarter (growth of 141.3 percent year-on-year) in net profit at Rs 127.9 crore.
Nirmal Bang has come with its March quarterly earning estimates for capital goods sector. According to the research firm, capital goods sector is expected to report subdued performance for an otherwise seasonally strong January-March quarter.
Vikram Suryavanshi, analyst, Antique Broking, says that Siemens result disappointed both in terms of revenue and profitability. The energy segment also reported almost 44 percent degrowth on y-o-y basis.
Electronics and engineering company Siemen‘s shares closed the day at Rs 502.80, down around 4 percent after its March quarter net profit fell around two fold to Rs 30 crore due to delays in project completion which further led to increase in costs.
On the back of sluggish business environment, Siemens is likely to report 7.4 percent year-on-year decline in sales to Rs 3517 crore for the March quarter. Net profit is also expected to fall 45.8 percent to Rs 165 crore as big ticket orders were hard to come by.
Kotak Securities has come with its March quarterly earning estimates for capital goods sector. The research firm expects aggregate revenue growth of capital goods sector to be 6.7% YoY in the Mar-ending quarter, driven mainly by L&T, Cummins, and other midcaps and aggregate PAT is expected to post modest growth of 2.7% yoy in Q4 FY13.
Engineering company Siemens is set to announce its results for the first quarter of financial year 2012-13 on Thursday. Analysts on an average expect standalone profit after tax of the company to grow by 35.8 percent year-on-year to Rs 96 crore in the quarter due to low base in a year ago period.
Siemens, a subsidiary of Germany engineering company is expected to report a fall of 6% year-on-year in its profit after tax of Rs 261 crore for the second quarter of FY12, according to CNBC-TV18 poll. The company's year ends in September.
Siemens is expected to report a profit after tax of Rs 199 crore in the third quarter of FY12, falling 19% as compared to Rs 244 crore in a year ago quarter.
Engineering firm Siemens is expected to report a standalone profit after tax of Rs 264 crore in the July-September quarter of 2011, a growth of 5% as compared to Rs 251 crore in the corresponding quarter of last fiscal, according to CNBC-TV18 estimates.
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
Siemens is to announce its second quarter results. According to CNBC-TV18’s is to announce its Q2FY11 total income is seen up 26% at Rs 2799 crore versus Rs 2226 crore, year-on-year, YoY.
Motilal Oswal has come out with its earning estimates on engineering sector for the quarter ended March 2011. According to the research firm, Siemens March quarter net sales are expected to go up by 30.3% at Rs 2900 crore, year-on-year, (YoY) basis.