Siemens AG reported strong third-quarter results, with a 27% year-on-year increase in net profit to Rs 578 crore. The German conglomerate beat profit estimates, driven by the booming AI sector and increased demand for electrification. Despite the robust performance, Siemens' shares declined due to a cloudy outlook for its Digital Industries (DI) division. Siemens reported these results for Q3FY25.