ABB India reports 38% rise in Q2 net profit

ABB India Ltd. | Electric Equipment | Capital Goods & Industrial Consumables | BSE: 500002 | NSE: ABB

27 Oct 2016 Evaluate

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

The company has reported 38% rise in its net profit at Rs 81.06 crore for the quarter under review as compared to Rs 58.74 crore for the same quarter in the previous year. Total income of the company increased by 6.20% at Rs 2091.57 crore for the quarter under review as compared Rs 1969.49 crore for the corresponding quarter 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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