5005502022-07-012022-09-305005502022-09-305005502021-09-305005502021-10-012022-09-305005502022-07-012022-09-30in-bse-fin:OtherExpenses1Member5005502022-07-012022-09-30in-bse-fin:OtherExpenses2Member5005502021-10-012022-09-30in-bse-fin:OtherExpenses1Member5005502021-10-012022-09-30in-bse-fin:OtherExpenses2Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments1Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments2Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments3Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments4Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments5Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments6Member5005502021-10-012022-09-30in-bse-fin:ReportableSegments1Member5005502021-10-012022-09-30in-bse-fin:ReportableSegments2Member5005502021-10-012022-09-30in-bse-fin:ReportableSegments3Member5005502021-10-012022-09-30in-bse-fin:ReportableSegments4Member5005502021-10-012022-09-30in-bse-fin:ReportableSegments5Member5005502021-10-012022-09-30in-bse-fin:ReportableSegments6Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments1Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments2Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments3Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments4Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments5Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments6Member5005502021-10-012022-09-30in-bse-fin:ReportableSegments1Member5005502021-10-012022-09-30in-bse-fin:ReportableSegments2Member5005502021-10-012022-09-30in-bse-fin:ReportableSegments3Member5005502021-10-012022-09-30in-bse-fin:ReportableSegments4Member5005502021-10-012022-09-30in-bse-fin:ReportableSegments5Member5005502021-10-012022-09-30in-bse-fin:ReportableSegments6Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments1Member5005502022-09-30in-bse-fin:ReportableSegments1Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments2Member5005502022-09-30in-bse-fin:ReportableSegments2Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments3Member5005502022-09-30in-bse-fin:ReportableSegments3Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments4Member5005502022-09-30in-bse-fin:ReportableSegments4Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments5Member5005502022-09-30in-bse-fin:ReportableSegments5Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments6Member5005502022-09-30in-bse-fin:ReportableSegments6Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments1Member5005502022-09-30in-bse-fin:ReportableSegments1Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments2Member5005502022-09-30in-bse-fin:ReportableSegments2Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments3Member5005502022-09-30in-bse-fin:ReportableSegments3Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments4Member5005502022-09-30in-bse-fin:ReportableSegments4Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments5Member5005502022-09-30in-bse-fin:ReportableSegments5Member5005502022-07-012022-09-30in-bse-fin:ReportableSegments6Member5005502022-09-30in-bse-fin:ReportableSegments6Member5005502022-07-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15005502021-10-012022-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15005502022-07-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15005502021-10-012022-09-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRiso4217:INRxbrli:shares500550SIEMENSNOTLISTEDINE003A01024SIEMENS LIMITEDEquity2021-10-012022-09-302022-11-222022-11-15INRMillionsYearlyMulti segment2022-11-2214:38:002022-11-2218:32:00trueCash Flow IndirectDeclaration of unmodified opinion2022-07-012022-09-30AuditedConsolidated4657100000010280000004759900000010054000000103160000001219000000478100000013200000079800000015042000000423420000005257000000052570000001714000000-274000000144000000003817000000355900000085300000027060000000652300000020000000654300000065230000000200000000712000000211539000000010.7210.727.67.618.3218.321.During the previous year on 1 March 2021, Siemens Limited ("The Holding Company") acquired 99.22% equity share capital of C&S Electric Limited from its promoters for a preliminary sale share consideration of Rs. 21,588 million, payable in cash, on cash free/debt free basis on terms and conditions that are mutually agreed between the parties to the transaction. <BR> The fair value of assets and liabilities acquired have been determined in accordance with IND AS 103 'Business Combinations'. The purchase price has been allocated to the assets acquired and liabilities assumed based on the estimated fair values at the date of acquisition. The excess of the purchase price over the fair value of the net assets acquired has been allocated to goodwill. The Group has completed the purchase price allocation during the quarter ended 31 March 2022. The fair value of net identifiable assets acquired has been finalised at Rs. 9,640 million, net of deferred tax impact after measurement period adjustments due to revision in fair valuation of intangible and tangible assets, financial assets, contingent liabilities and inventories on refinement in key assumptions and valuation methods. As a result, goodwill is Rs.12,072 million.The comparative figures have been restated wherever necessary.Subsequent changes in the sale share consideration post measurement period has been accounted in the statement of profit and loss for the year ended 30 September 2022 amounting to Rs. 227 million. <BR> 2. On 1 July 2022, the Holding Company divested its Large Drives Applications (LDA) business (Portfolio Companies Segment) as a going concern on a slump sale basis to Siemens Large Drives India Private Limited (a subsidiary of Siemens Large Drives GmbH, which in turn is a subsidiary of Siemens AG), for a cash consideration of Rs. 4,400 million. The gain on the sale transaction is Rs. 3,559 million for the quarter and year ended 30 September 2022. The tax expense on this transaction is Rs. 853 million (including write-off of deferred tax assets of Rs. 49 million) for the quarter and year ended 30 September 2022. <BR> The results of LDA business included in the financial results and segment results, disclosed as discontinued operations, are Rs. 2,811 million for the year ended 30 September 2022 and Rs. 187 million for the year ended 30 September 2021, Rs. 2,706 million and Rs. 38 million for the quarter ended 30 September 2022 and 30 September 2021, respectively. <BR> 3.During the year, the Holding Company has executed a Power Purchase Agreement and entered into a Share Subscription and Shareholders Agreement for the subscription of 26% of the paid-up equity share capital of Sunsole Renewables Private Limited (Sunsole). On 28 February 2022, Sunsole has allotted 26% of its paid-up equity share capital to the Company as first tranche allotment for a consideration of Rs. 2.7 million and Rs. 11.4 million as second tranche allotment on 5 August 2022 . The Group has accounted for the investment as per Equity Method under IND AS 28 'Investments in Associates and Joint Ventures'. <BR> 4.During the previous year, the operations for the year ended 30 September 2021 were impacted due to the second wave of COVID-19. The expenses incurred in respect of continuing operations were Rs. 251 million and discontinued operations were Rs. 11 million. <BR> 5. During the previous year, on 1 January 2021, the Holding Company divested its Mechanical Drives (MD) business to Flender Drives Private Limited for a final consideration of Rs. 3,759 million. The gain on the sale transaction for the year ended 30 September 2021 was Rs. 487 million. The tax expense on this transaction for the year ended 30 September 2021 was Rs. 362 million (including write-off of deferred tax assets of Rs. 302 million). The results for the same has been disclosed as discontinued operations. <BR> 6.The Board of Directors of the Holding Company have recommended a dividend of Rs. 10 per share for the year ended 30 September 2022 amounting to Rs. 3,561 million. <BR> 7.The figures for the quarter ended 30 September 2022 and 30 September 2021 are the balancing figures between the audited figures in respect of the full financial year and the unaudited nine months figures as reported by the Group. <BR> 8.The above Consolidated financial results were reviewed and approved by the Audit Committee and Board of Directors at their meetings held on 22 November 2022.2021-10-012022-09-30AuditedConsolidated16137800000030780000001644560000003670700000044490000000-170600000018057000000363000000317100000046257000000147339000000171170000000171170000004884000000-3860000004498000000012619000000370000000088900000028110000000154300000004200000015472000000154290000001000000420000000712000000211539000000035.4435.447.897.8943.3343.33Project bought outs and other direct costs9672000000Other Expenses5370000000Project bought outs and other direct costs29772000000Other Expenses164850000001231900000051000000075400000012354000000564200000070000000140000000133400000038320000006660000005832000000975000000983300000048240000000216500000000378600000001000600000055835000000328100000027060000001096880000002132000000015265800000019200000020109000000071200000011539000000011610200000076000000116178000000027000000739000000766000000000424700000050130000000404010000007769000000481700000002040800000098990000001422000000798990000000084912000000201090000000Energy16316000000Smart Infrastructure16658000000Mobility4418000000Digital Industries9444000000Others402000000Discontinued Operation0Energy53710000000Smart Infrastructure59488000000Mobility14286000000Digital Industries36055000000Others1040000000Discontinued Operation047238000000164579000000667000000320100000046571000000161378000000Energy1550000000Smart Infrastructure1283000000Mobility378000000Digital Industries1114000000Others36000000Discontinued Operation3559000000Energy5648000000Smart Infrastructure3842000000Mobility1231000000Digital Industries3600000000Others81000000Discontinued Operation3700000000792000000018102000000132000000363000000-1028000000-3078000000881600000020817000000Energy42957000000Smart Infrastructure48409000000Mobility14846000000Digital Industries10072000000Others2672000000Discontinued Operation011895600000082134000000201090000000Energy33841000000Smart Infrastructure23830000000Mobility10744000000Digital Industries8520000000Others1688000000Discontinued Operation078623000000628900000084912000000363000000-4194000000-8503000000000000936900000000031710000000-29100000000000242400000000001410000002510000000-21170000001500000000000052150000000978500000044000000000330000000014000000002470000001560000000000000000000094490000001047000000000022550000000-6735000000-353000000000000000250000000800000000284900000024800000000-39220000005510000000120000005522000000448400000010006000000Re-measurement of defined benefit plans, net1900000019000000Re-measurement of defined benefit plans, net-52000000-520000005000000-13000000Fair value changes on derivative designated as cash flow hedges, net90000009000000Fair value changes on derivative designated as cash flow hedges, net109000000109000000300000028000000