Siemens Limited’srecordsPAT grows by 15 times in June 2021 quarter

Siemens Limited has registered a total income(on standalone basis) of Rs 27.54 billion and a profit after tax (PAT) of Rs 1.62 billion for the third quarter of financial year ending June 30, 2021.

The company has witnessed a 26.5per cent growth in total incomewhich stood at Rs 12.9billion in the same period last year. The PAT has increased by nearly 15 times from Rs 101 million to Rs 1.62 billion in this period. New orders from continuing operations stand at Rs 43.41 billion as against Rs 17.67 billion in the same period last year andthe order backlog stands at its highest ever level of Rs 142.67 billion. All business segments have recordednew order growth over pre-pandemic levels and there is an increased demand for digital technologies, including cybersecurity solutions.

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