siemens4...2 the company has adopted ind as 1 15 'revenue from contracts with customers’ with...

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SIEMENS 8‘“ February, 2019 National Stock Exchange of India Ltd. BSE Ltd. Scrip Code National Stock Exchange of India Ltd.: SIEMENS EQ BSE Ltd.: 500550 Information pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Requlations,*2015 Dear Sirs, We refer to our letter dated 6‘“ February, 2019 informing about the Company's standalone un—audited financial results for the 1St quarter ended 31St December, 2018. In this connection and pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the newspaper advertisements, published in Business Standard (in English) and Navshakti (in Marathi) on 8‘“ February, 2019. Kindly take the same on record and acknowledge the receipt. Yours faithfully, or Siemens Limited an T aker Company Secretary Encl: as above Siemens Ltd. Birla Aurora, Level 21, Plot No 1080, Tel; +91 (22) 3967 7000 CIN: L28920MH1957PL0010839 Dr. Annie Besant Road, Worll, Website: wwwsiemenscoiin Mumbai’ 400030 E-mail- Corporate- India Secretariat,in@siemenscorn Registered Office} Birla Aurora, Level 21, PIot No. 1080. Dr. Annie Besant Road, Worli, Mumbai— 400030, Telephone +91 22 3967 7000‘ Fax +91 22 2436 2403, Sales Offices: Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Coimbatore, Gurgaon, Hyderabad, Jaipur, Jamshedpur. Kharghar, Kolkata, Lucknow, Kochl, Mumbai, Nagpur, Navi Mumbai. New Delhi, Puducherry, Pune, Vadodara, Visakhapatnarn.

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Page 1: SIEMENS4...2 The Company has adopted ind AS 1 15 'Revenue from Contracts with Customers’ with effectfrom 1 October 201 8, using the full retrospective method. The application of

SIEMENS

8‘“ February, 2019

National Stock Exchange of India Ltd.

BSE Ltd.

Scrip Code —

National Stock Exchange of India Ltd.: SIEMENS EQBSE Ltd.: 500550

Information pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure

Requirements) Requlations,*2015

Dear Sirs,

We refer to our letter dated 6‘“ February, 2019 informing about the Company's standalone

un—audited financial results for the 1St quarter ended 31St December, 2018.

In this connection and pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure

Requirements) Regulations, 2015, please find enclosed the newspaper advertisements,published in Business Standard (in English) and Navshakti (in Marathi) on 8‘“ February, 2019.

Kindly take the same on record and acknowledge the receipt.

Yours faithfully,or Siemens Limited

an T aker

Company Secretary

Encl: as above

Siemens Ltd. Birla Aurora, Level 21, Plot No 1080, Tel; +91 (22) 3967 7000

CIN: L28920MH1957PL0010839 Dr. Annie Besant Road, Worll, Website: wwwsiemenscoiin

Mumbai’ — 400030 E-mail- Corporate-India Secretariat,in@siemenscorn

Registered Office} Birla Aurora, Level 21, PIot No. 1080. Dr. Annie Besant Road, Worli, Mumbai— 400030, Telephone +91 22 3967 7000‘ Fax +91 22 2436 2403,

Sales Offices: Ahmedabad, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Coimbatore, Gurgaon, Hyderabad, Jaipur, Jamshedpur. Kharghar, Kolkata,Lucknow, Kochl, Mumbai, Nagpur, Navi Mumbai. New Delhi, Puducherry, Pune, Vadodara, Visakhapatnarn.

Page 2: SIEMENS4...2 The Company has adopted ind AS 1 15 'Revenue from Contracts with Customers’ with effectfrom 1 October 201 8, using the full retrospective method. The application of

Business Standard MUMBAI I FRIDAY, 3 FEBRUARY 2019

I

SIEMENS

Extract of standalone unaudited financial results

for the quarter ended 31 December 2018

(T in millions)

Quarter ended Year ended

1N0. Particulars31 December 31 December 30 September

2018 2017 2018

(Unaudited) (Unaudited) (Audited)

1 Total income from operations28,071 24,295 127,251

2 Net Profit for the period. before tax 3,408 2,942 13,912

3 Net Profit for the period after tax 2,280 1,905 8,939

4 Total Comprehensive Income for the period 2,279'

1,906 9.007

[Comprising of Profit] (loss) for the period and Other

comprehensive income (after tax)!

f 5 Equity Share Capital ‘

712 712 712

6 Earnings Per Share (EPS) of f 2 each (in Rupees)*

- Basic and diluted EPS 6.40 5.35 25.10

*not annualised except year end EPS

I

Notes:

1 For quarter ended 31 December 201 8, employee benefits expense includes f 596 million pertaining to expenditure

on compensation paid 1 payable to employees pursuant to rationalization of operations in Process industries and

'

- Drives Division of the Company.

2 The Company has adopted ind AS 1 15 'Revenue from Contracts with Customers’ with effect from 1 October 201 8,

using the full retrospective method. The application of ind AS. 115 did not have any significant impact on the

recognition and measurement of revenue and related items in the financial results for all the periods presented.

3 During the year ended 30 September 2018, the Company had started receiving licenses against the applications

made under the Merchandise Exports from india Scheme and Service Exports from india Scheme respectively.

Accordingly, the Company had recognised incentives of f 671 million (including T 98 million pertaining to earlier

quarters and f 347 million pertaining to earlier years) and {1,333 million (including T 852 million pertaining to

earlier years) as "Other operating income" for the quarter and year ended 30 September 2018 respectively. The

corresponding figure for the quarterended 31 December 2018 is 1' 273 million.

4 The Board of Directors of the Company, at their meeting held on 21 February 2018, has agreed in-principle,

subject to terms and conditions to be determined, to sell

i) its Mobility Division and Rail Traction Drives business (included in Process Industries and Drives Division which

provides products and servicesto Mobility Division) as also its Wholly owned subsidiary Siemens Rail Automation

Private Limited, to Siemens_AG, Germany (”SAG") or its subsioliary.

ii) its Mechanical Drives business (included in Process Industries and Drives Division) to SAG or its subsidiary.

Consequent to such in-principle approval, the Board of Directors have constituted a Committee of Directors‘to

determine the consideration, terms and conditions and such other matters as may be considered expedient with

respect to the aforesaid proposed transactions and make recommendations thereon to the Board of Directors

for its consideration.

5 The abOVe is an extract of the detailed format of Quarterly financial results filed with the Stock Exchanges

under Regulation 33 of the SEBI (Listing Obligations and Disclos ure Requirements) Regulations, 2015. The full

format of the Quarterly financial results are available on the Stock Exchange websites (www.bseindia.com and

www.nseindia.com) and on the Company’s website (www.51eme,ns.co.in).

Place :MumbaiFor Siemens Limited

Date :6 February 2019

.

Siemens LimitedSunil M'athur

Roglstered office: Birla Aurora, Level 21, Plot No. 1080, Managing Dlr2‘10" 3M

Dr. Annie Besant Road, Worli, Mumbai - 400030ChiEf Executive Officer

_Cofporate Identity Number: L28920MH1957PLC010839

.

. tat: +91 22 3957 7000; Fax: +91 22 2436 2403

Email I Contact: [email protected] l www.5iemens.co.inlcor1tact

Website: www.5iemens.co.in

Page 3: SIEMENS4...2 The Company has adopted ind AS 1 15 'Revenue from Contracts with Customers’ with effectfrom 1 October 201 8, using the full retrospective method. The application of

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