Siemens gains on reporting 39% rise in consolidated net profit for March quarter
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Siemens is currently trading at Rs. 3821.20, up by 24.35 points or 0.64% from its previous closing of Rs. 3796.85 on the BSE.
The scrip opened at Rs. 3856.90 and has touched a high and low of Rs. 3856.90 and Rs. 3792.90 respectively. So far 10156 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3,856.90 on 12-May-2023 and a 52 week low of Rs. 2155.65 on 13-May-2022.
Last one week high and low of the scrip stood at Rs. 3856.90 and Rs. 3576.05 respectively. The current market cap of the company is Rs. 136102.04 crore.
The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 15.49% and 9.52% respectively.
Siemens has reported results for second quarter (Q2) ended March 31, 2023. The company has reported 56.89% rise in its net profit at Rs 516.00 crore for quarter ended March 31, 2023 as compared to Rs 328.90 crore for the same quarter in the previous year. Total income of the company increased by 31.49% at Rs 4653.20 crore for the quarter under review as compared to Rs 3538.70 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 38.76% rise in its net profit at Rs 471.80 crore for quarter ended March 31, 2023 as compared to Rs 340.00 crore for the same quarter in the previous year. Total income of the company increased by 28.61% at Rs 4974.40 crore for the quarter under review as compared to Rs 3867.90 crore for the corresponding quarter previous year.
