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VERIFIEDET Stocks·neutral
Siemens Q1 Results: Net profit declines 18% to Rs 343 crore
AI Summary
- ·Siemens Ltd reported an 18% decline in net profit to Rs 343 crore for the June quarter.
- ·The company saw a significant increase in operational revenue due to strong demand.
- ·New orders surged, especially in the Smart Infrastructure segment, due to private and public sector investments.