Siemens Q4 net at Rs599 cr

Siemens Q4 net at Rs599 cr
PTI
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First Published: Tue, Nov 25 2008. 07 27 PM IST
Updated: Tue, Nov 25 2008. 07 27 PM IST
Mumbai: Diversified firm Siemens on Tuesday said its consolidated net profit stood at Rs599.54 crore for the fourth quarter ended 30 September, while the company had a net profit of Rs692.85 crore in the corresponding period last year.
The company’s consolidated net sales and services (excluding excise duty) rose to Rs9,679.82 crore for the September quarter from Rs9,379.60 crore in the same period last fiscal, Siemens said in a filing to the Bombay Stock Exchange (BSE).
Siemens has recommended a dividend of Rs3 per equity shares of Rs2 each for the financial year ended 30 September.
The company’s net profit stood Rs593.32 crore for the financial year ended 30 September, while it had a net profit of Rs596.54 crore for the last fiscal.
Net sales and services (excluding excise duty) increased to Rs8,295.54 crore for the year ended 30 September from Rs7,726.80 crore for the last year.
On a standalone basis, Siemens net profit stood at Rs225.19 crore for the fourth quarter ended 30 September, while the company had registered a net profit of Rs308.62 crore for the September quarter of FY’08.
The company’s standalone net sales and services (excluding excise duty) increased to Rs2,421.61 crore in the September quarter from Rs2,188.45 crore in the same period previous year.
“Information and Communication” segment has been sold with effect from 1 August, 2007 to “Siemens Enterprise Communication Pvt. Ltd.” (SECPL), a 100% subsidiary of the parent company, Siemens AG, Germany, however figures are not comparable.
Shares of the company closed at Rs268.05, down 4.95% on the BSE.
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First Published: Tue, Nov 25 2008. 07 27 PM IST