Siemens Q2 net dips 20%

Industry & infra-solutions provider Siemens, on Thursday, posted a net profit of Rs 181.08 crore for second quarter ended March 31, 2010 as compared to Rs 225.51 crore in the same quarter last fiscal, a drop of 19.70 per cent.

During the quarter under review, Siemen’s total income declined to Rs 2,226.07 crore as against Rs 2,385.99 crore in the same period last year.

For six month ended March 31, 2010, it has reported a net profit of Rs 419.61 crore, while it had a net profit of Rs 556 crore in the year-ago period.

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