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ABB India reports 18% jump in Q3 net profit

25 Oct 2017 Evaluate

ABB India has reported results for third quarter ended September 30, 2017.

The company has reported a rise of 18.17% in its net profit at Rs 83.39 crore for the quarter under review as compared to net profit of Rs 70.57 crore for the same quarter in the previous year. However, total revenue from operations of the company decreased by 12.84% at Rs 1,915.37 crore for September quarter as compared Rs 2,197.64 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 2396.50
Apar Industries 18171.00
Havells India 1059.50
Suzlon Energy 38.35
Siemens 3804.45
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