Siemens posted 18.6% jump in its net profit to INR 190.5 crore in quarter ended December 2017, compared with year ago period. Siemens said in a BSE filing that the company's net profit was INR 160.7 crore in the quarter ended on December 2016. According to the statement, for the first quarter of financial year 2018 ended December 2017, Siemens registered a revenue of Rs 2,363 crore, which is a 5.8 per cent increase in revenue (excluding the impact of transition from excise duty to GST) over the same quarter in the preceding year.

New orders for the period stood at INR 3,257 crore, up 2.1%.

Mr Sunil Mathur MD and CEO of Siemens Limited, said that "While our revenue growth comes largely out of our strong order backlog, which as at 30th September 2017 stood at an all-time high of Rs 12,263 crore, orders continue to grow primarily from the infrastructure sector and digitalisation projects."