Siemens released its Q2 results, reporting a clear improvement in profit and revenue on a year-on-year basis. The company’s net profit increased 41.5% to ₹830.7 crore, compared to ₹571.3 crore in the same quarter last year.

Revenue for the quarter stood at ₹5,171 crore, marking a 16% rise from ₹4,457 crore a year ago. Operating performance remained stable, with EBITDA up 13.3% at ₹617.8 crore versus ₹545.4 crore last year.

The EBITDA margin came in at 12%, slightly lower than the 12.2% recorded in the previous year. Overall, the results reflect higher revenue and profit growth with a small margin contraction.

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TOPICS: Siemens