Siemens Limited Reports Audited Standalone and Consolidated Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2020
November 25, 2020 at 07:38 pm IST
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Siemens Limited reported audited standalone and consolidated earnings results for the fourth quarter and full year ended September 30, 2020. For the quarter, on standalone basis, the company reported total income from operations of INR 35,190 million compared to INR 38,758 million a year ago. Total Income was INR 35,804 million compared to INR 40,172 million a year ago. Profit for the period was INR 3,276 million compared to INR 3,306 million a year ago. Basic and diluted EPS from continuing operations was INR 9.35 compared to INR 9.82 a year ago. Basic and diluted EPS from total operations was INR 9.20 compared to INR 9.28 a year ago.
For the full year, on standalone basis, the company reported total income from operations of INR 98,694 million compared to INR 130,005 million a year ago. Total Income was INR 101,793 million compared to INR 133,945 million a year ago. Profit for the period was INR 7,565 million compared to INR 10,869 million a year ago. Basic and diluted EPS from continuing operations was INR 21.27 compared to INR 31.54 a year ago. Basic and diluted EPS from total operations was INR 21.24 compared to INR 30.52 a year ago.
For the quarter, on consolidated basis, the company reported total income from operations of INR 35,468 million compared to INR 38,944 million a year ago. Total Income was INR 36,093 million compared to INR 40,371 million a year ago. Profit for the period was INR 3,302 million compared to INR 3,339 million a year ago. Basic and diluted EPS from continuing operations was INR 9.43 compared to INR 9.91 a year ago. Basic and diluted EPS from total operations was INR 9.28 compared to INR 9.38 a year ago.
For the full year, on consolidated basis, the company reported total income from operations of INR 99,465 million compared to INR 130,839 million a year ago. Total Income was INR 102,614 million compared to INR 134,823 million a year ago. Profit for the period was INR 7,686 million compared to INR 10,994 million a year ago. Basic and diluted EPS from continuing operations was INR 21.62 compared to INR 31.90 a year ago. Basic and diluted EPS from total operations was INR 21.59 compared to INR 30.88 a year ago.
Siemens Limited is one of the Indian's leading manufacturers of electronic and electro-technical equipment. Net sales (not including sold divisions) break down by sector of activity as follows:
- energy (36.1%): integrated products and services for oil and gas production, electricity generation and transmission, etc.;
- electricity transmission and distribution (30.7%): power transmission and distribution systems, electrical installations, miniature circuit breakers, distribution boards, residual current circuit breakers, etc.;
- industry automation (23,8%): industrial automation systems, drive systems, etc. The group also provides engineering, procurement, installation and commissioning of turnkey projects products in the industrial and infrastructure sectors;
- mobility (8.7%): rail vehicles, rail automation systems, rail electrification systems, road traffic management solutions, etc.;
- other (0.7%).
India accounts for 82.2% of net sales.