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.