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ABB reports Rs 64 crore profit for December quarter

24 Feb 2012 Evaluate

ABB, the Indian arm of Swiss automation and power firm, has posted consolidated net profit of Rs 64.29 crore for the fourth quarter ended December 31. Moreover, total Income was Rs 2,204.05 crore for the period.

However, the company’s standalone net profit witnessed 10-fold jump at Rs 64.1 crore, compared to Rs 6.8 crore in the same period, last fiscal. The company’s order-book rose 58% at Rs 2,209.3 crore as against Rs 1,394.2 crore during the same period of 2010-11.

The company’s order-book as on December 31, 2011 stands at Rs 9,128 crore.

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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