Siemens Reports 26% Drop in Q3 Net Profit to Rs 269 Crore Amid Forex Losses
INDUSTRIAL IOT
Siemens Ltd reported a 26% decrease in net profit to Rs 269 crore for the December quarter, impacted by forex losses and a one-time cost for implementing New Labour Codes. Revenue rose to Rs 3,831 crore from Rs 3,360 crore year-over-year. The company also reported a 19% increase in new orders to Rs 4,829 crore and a 7% growth in order backlog to Rs 43,004 crore.

Feb 7, 2026, 6:15 AM