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Siemens Limited declares 19% increase in revenue; 74% higher PAT in Q2 FY24

Revenue of Rs 52.48 billion was seen as a 19% increase over the same quarter in the preceding year.Read more

Sundram Fasteners shows Rs 500 Cr profit in audited financial results for FY23

The board of directors of Sundram Fasteners Limited announced the audited financial results for the year ended March 31, 2023. It showed the twin milestones of crossing consolidated revenues of Rs 5,000 crores and net profit of Rs 500 crores by the company.Read more

LANXESS increases dividend after successful fiscal year

LANXESS started 2017 with a very good first quarter. Global sales of the specialty chemicals company increased by a substantial 25 per cent to EUR 2.4 billion, up from EUR 1.9 billion a year earlier. EBITDA pre exceptionals also improved by 25 per cent to EUR 328 million, compared with EUR 262 million in the first quarter of 2016. Net income rose by a substantial 47 per cent to EUR 78 million, against EUR 53 million in the year-earlier quarter. Read more

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