Q3 Results Today: Siemens, Eicher Motors, BHEL, IRCTC, Hindustan Copper and more post earnings on February 13

Siemens:

Revenue increased by 9% year-on-year to €22.1 billion.
Profit from continuing operations rose by 18% to €2.2 billion.
Orders increased by 14% to €29.3 billion.
The company raised its full-year outlook for revenue and profit.

Eicher Motors:

Revenue grew by 12% year-on-year to ₹3,221 crore.
Profit after tax increased by 21% to ₹591 crore.
The company declared a dividend of ₹20 per share.

BHEL:

Revenue declined by 4% year-on-year to ₹20,401 crore.
Profit after tax fell by 22% to ₹1,409 crore.
The company attributed the decline in performance to lower order inflows and delays in project execution.

IRCTC:

Revenue increased by 34% year-on-year to ₹2,242 crore.
Profit after tax surged by 129% to ₹898 crore.
The company benefited from strong demand for its catering and tourism services.

Hindustan Copper:

Revenue grew by 22% year-on-year to ₹848 crore.
Profit after tax increased by 44% to ₹222 crore.
The company’s performance was driven by higher copper prices and increased production.

Conclusion:

The Q3 results of these companies were mixed, with some exceeding expectations and others falling short. However, the overall trend suggests that the Indian economy is on the mend, with many companies reporting strong growth.

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