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Spurt in Siemens net profit

CHENNAI: Siemens has reported a higher net profit of Rs. 35.60 crores for the three months ended June 30, 2004 against Rs. 15.50 crores, a growth of 130 per cent. The turnover has risen to Rs.445.70 crores from Rs. 299.50 crores.

Sales turnover for the nine months ended June 30, 2004 has increased by 24 per cent to Rs. 1,226.40 crores from Rs. 987.70 crores in the corresponding period in the previous year.

The company received new orders valued at Rs. 2,237.10 crores in the nine months ended June 30, 2004 against Rs. 1,180.50 crores.

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