Siemens India likely to post 25% jump in net profit for Q4SY24, says CNBC-TV18 poll
According to the poll, Siemens India is likely to report a 12% increase in revenue, reaching ₹6,526.12 crore compared to ₹5,807.7 crore in the same quarter last year. The company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is expected to show a significant 30% growth, rising to ₹907.13 crore from ₹700.2 crore. This growth would also mark an improvement in EBITDA margin, projected at 13.90%, up from 12.06% in Q4SY23. The company follows the October-September financial year.
According to the poll, Siemens India is likely to report a 12% increase in revenue, reaching ₹6,526.12 crore compared to ₹5,807.7 crore in the same quarter last year. The company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is expected to show a significant 30% growth, rising to ₹907.13 crore from ₹700.2 crore. This growth would also mark an improvement in EBITDA margin, projected at 13.90%, up from 12.06% in Q4SY23. The company follows the October-September financial year.
What's Your Reaction?
FEDA-HQ
The Federation of Economic Development Association of India (F.E.D.A) holds the distinction of being India's most venerable umbrella organization. F.E.D.A focused on promoting economic growth in India. Economic development professionals throughout the state, along with individuals and companies in related economic development fields, work together with the F.E.D.A Members and Board of Federation to help positively influence country legislation and industrial growth. With cutting edge policy research and advisory to National and State governments on trade issues. F.E.D.A is one of the leading non-profit organizations with established credentials for enhancing economic development.
