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ABB India reports 5% rise in Q1 net profit

06 May 2015 Evaluate

ABB India has reported results for first quarter ended March 31, 2015

The company has posted a rise of 5.05% in its net profit at Rs 54.29 crore for the quarter ended March 31, 2015 as compared to Rs 51.68 crore for the same quarter in the previous year.  However, total income of the company has decreased by 0.74% at Rs 1815.29 crore for quarter under review as compared to Rs 1828.84 crore for the quarter ended March 31, 2014.

ABB India is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs more than 150,000 people.

Peers
Company Name CMP
Waaree Energies 2503.95
Apar Industries 17070.25
Havells India 1091.95
Suzlon Energy 42.13
Siemens 3748.10
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