Siemens Ltd - 4QFY21 by Mr. Yash Gupta, Angel Broking Ltd
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Below are Quote on Siemens- 4QFY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
Siemens limited reported total revenue from operations at 3,483 up by 32% YoY from ₹2640 crores in Q4FY20. Revenue from Smart infrastructure has done very good for the company up by 48.5% at ₹1150 crores in Q4FY21 from 774.5 crores in Q4FY20 while energy business revenue reported a growth of 16%. Profit before tax for the quarter at 442.7 crores up by 95% in Q4FY21 as compared to 226.8 crores in Q4FY20.
Profit after tax for the quarter at ₹334.4 crores in Q4FY21 as compared to ₹175.7 crores in Q4FY20 which is above market expectation. Company reported the EPS for the quarter at ₹9.39 per share and 21.6 for the year 2021.
Siemens Ltd reported very strong growth in this quarter, after a very long period the company reported revenue growth of 32% and PAT growth of 90%. We have a positive outlook for Siemens Ltd.
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