Siemens announces Q1 net profit doubles to Rs.98.072 Crores

Siemens Ltd has announced the following Unaudited results for the quarter ended December 31, 2006:

The Company has posted a net profit after tax of Rs 980.72 million for the quarter ended December 31, 2006 as compared to Rs 490.16 million for the quarter ended December 31, 2005. Total Income (net of excise) has increased from Rs 8610.05 million for the quarter ended December 31, 2005 to Rs 16482.46 million for the quarter ended December 31, 2006.

Source : Equity Bulls

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