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ABB India reports 35% rise in Q2 net profit

21 Jul 2016 Evaluate

ABB India has reported results for the second quarter ended June 30, 2016.

The company has reported 34.76% rise in its net profit after tax at Rs 77.42 crore for the quarter ended June 30, 2016 as compared to Rs 57.45 crore for the same quarter in the previous year. Total income of the company increased by 8.97% to Rs 2105.92 crore for the quarter under review from Rs 1932.64 crore for the corresponding quarter of the previous year.

ABB India is a leading global technology company in power and automation that enables utility, industry and transport & infrastructure customers to improve their performance while lowering environmental impact.

Peers
Company Name CMP
Waaree Energies 2505.35
Apar Industries 17008.45
Havells India 1086.30
Suzlon Energy 42.51
Siemens 3794.30
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