ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Siemens, Castrol India, Bata India

SIEMENS Seeking Alliances ENGINEERING major Siemens fared poorly during the year 1997-98. While net sales declined by 14.7 per cent (as the previous period 1996-97 is an 18-month period, figures for the two years are not strictly comparable. However, all percentages mentioned have been annualised to facilitate comparison.) over the previous year, operating profit declined by 3.9 per cent. Nevertheless as compared to a loss of 155.6 crore in the previous period, loss during the year under review was restricted to Rs 56 crore.

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