Siemens Q3FY18 PAT jumps 25 per cent

Siemens reported its results for the quarter ended June 30, 2018 on Wednesday. The company follows October to September 12-month period as its fiscal year.
  
The company’s standalone revenue for the quarter came in at Rs. 3,073 crore as against Rs. 2,759 crore in the corresponding quarter last year, registering 11.4 per cent yoy increase.
  
EBITDA for the quarter rose by 33.2 per cent yoy to Rs. 302 crore as against Rs. 227 crore in the corresponding quarter last year with a margin expansion of 161 bps. EBITDA margin for the quarter stood at 9.8 per cent as against 8.2 per cent in the corresponding quarter last year.

The PAT for the quarter came in at Rs. 204 crore as against Rs. 163 crore in the corresponding quarter last year, yoy increase of 25 per cent.

During the quarter, the company has secured new orders amounting to Rs. 2,840.7 crore.

Siemens is engaged in the manufacture of electric motors, generators, transformers and electricity distribution and control apparatus.
  
On Thursday, the stock opened at Rs. 1,016.80 per share and made an intraday high and low of Rs. 1,030 and Rs. 994.64, respectively. At 10:40 hours, the stock was trading at around Rs. 1,008 on the BSE.