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ABB India reports Profit after tax of Rs 3452.00 Mln, in the December 2023 quarter

20 Feb 2024 Evaluate
The company witnessed a 13.62% growth in the revenue at Rs. 27574.90 millions for the quarter ended December 2023 as compared to Rs. 24269.10 millions during the year-ago period.The Company has registered profit of Rs. 3452.00  millions for the quarter ended December 2023, a growth of 12.84%  over Rs. 3059.10 millions millions achieved in the corresponding quarter of last year.The company reported a good operating profit of 4948.10 millions compared to 4342.90 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202312 202212 % Var
Sales 27574.90 24269.10 13.62 104465.20 85675.30 21.93 104465.20 85675.30 21.93
Other Income 775.90 700.10 10.83 3016.90 1794.70 68.10 3016.90 1794.70 68.10
PBIDT 4948.10 4342.90 13.94 17914.70 11413.40 56.96 17914.70 11413.40 56.96
Interest 81.60 72.40 12.71 126.60 131.10 -3.43 126.60 131.10 -3.43
PBDT 4866.50 4270.50 13.96 17788.10 14674.90 21.21 17788.10 14674.90 21.21
Depreciation 329.20 268.20 22.74 1199.20 1047.00 14.54 1199.20 1047.00 14.54
PBT 4537.30 4002.30 13.37 16588.90 13627.90 21.73 16588.90 13627.90 21.73
TAX 1085.30 943.20 15.07 4107.10 3371.80 21.81 4107.10 3371.80 21.81
Deferred Tax -56.00 132.00 -142.42 -124.90 88.90 -240.49 -124.90 88.90 -240.49
PAT 3452.00 3059.10 12.84 12481.80 10256.10 21.70 12481.80 10256.10 21.70
Equity 423.80 423.80 0.00 423.80 423.80 0.00 423.80 423.80 0.00
PBIDTM(%) 17.94 17.89 0.28 17.15 13.32 28.73 17.15 13.32 28.73
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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