SIEMENS INDIA
Siemens is the German multinational conglomerate company with headquarters in Munich and the largest industrial manufacturing company in Europe. It is the parent company of Siemens India. It has operations in around 190 countries and approximately 285 production and manufacturing facilities. It was founded in the year 1847 by Werner von Siemens. The primary divisions of the company are Industry, Energy, and Infrastructure & Cities. Healthcare division accounts for the 12 percent of the company’s total sales, is its second-most profitable unit, after the industrial automation division.
With a focus on electrification, automation and digitalization, Siemens India stands for engineering excellence, innovation, and reliability. As one of the world’s biggest producers of energy-efficient, resource-saving technologies, Siemens is a pioneer in infrastructure and energy solutions, automation and software for industry and is a leader in medical diagnosis. Company is the India’s largest exporter of power busbar products and industrial switchgear. It also supplies smart mobility solutions for rail and road transport and infrastructure solutions for Smart Cities.
On 1st March 2021, Siemens India has acquired C&S Electric’s around 99.22% equity share capital for INR 2,100 crore. This is the company’s biggest acquisition in India.
Siemens strongly believes in achieving balance along the dimensions of people, planet and profit. It is one of the first major industrial corporations worldwide to set itself the target of becoming carbon neutral by 2030 by focusing on energy efficiency, distributed energy systems, optimization of the vehicle fleet and electricity from renewable sources.
Siemens Limited total income grew 18.66% and stood at Rs 3540 crores forQ4FY21 as compared to Rs 2983.3 crores in Q3FY21, net profit is Rs 334.4 crores (13.16% more than Q3) in Q4FY21 against Rs 295.5 crores. EPS for the Q4 is Rs 9.04.
The results of Q4 for Siemens Limited are rectitude.
