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ResultsFinancial Express

Siemens Q2 profit rises 4% to Rs 504 crore

Positive+123 sourcesCompany event

GreyOak summary

Siemens reported a 4% year-on-year increase in net profit to Rs 504 crore for Q2 FY27. Revenue expanded 17% to Rs 5,734 crore, while net orders surged 38% to Rs 6,228 crore. The company attributed lower profitability to volatility in commodity prices and foreign exchange rates.

What it affects

  • SiemensSIEMENSPositive +12

    Profit rose 4% while orders jumped 38% YoY.Rolling sentiment Positive +26

Source

Read the original at Financial Express

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