Shares of electronics and electrical engineering

firm Siemens plunged by over 5 per cent to

RELATED ARTICLES Siemens quarterly profit climbs 21% to Rs 304 cr

a one-year low on the

bourses today after the company reported a 29 per cent year-on-year

decline in net profit for the quarter ended September to Rs 178.1 crore.

The company's stock, which opened on a sluggish note, lost 5.21

per cent to witness a 52-week low of Rs 664 on the BSE in early trade.

Similarly, the stock shed 5.23 per cent to a one-year low of Rs 662.90

on the NSE.

Higher input costs and forex losses resulted in Siemens reporting

a 29 per cent decline in net profit for the fourth quarter -- the

company follows a October-September financial year -- to Rs 178.1

crore from Rs 250 crore in the year-ago period.

Siemens, in which Siemens AG holds a 75 per cent stake, however,

posted a 19 per cent growth in total sales to Rs 3,558.6 crore in

the fourth quarter, compared to Rs 2,990 crore in the year-ago period.

The result was announced after market hours yesterday.