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Abbott India reports over 2-fold jump in Q4 net profit

15 May 2018 Evaluate

Abbott India has reported results for fourth quarter and year ended March 31, 2018.

The company has reported over 2-fold jump in its net profit at Rs 100.08 crore for the quarter ended March 31, 2018 as compared to Rs 42.06 crore for the same quarter in the previous year. Total income of the company increased by 15.88% at Rs 846.96 crore for quarter under review as compared to Rs 730.87 crore for the quarter ended March 31, 2017.

For the year ended March 31, 2018, the company has posted a rise of 45.03% in its net profit at Rs 401.22 crore as compared to Rs 276.65 crore for the previous year. Total income of company increased by 14.28% at Rs 3424.11 crore for year under review as compared to Rs 2996.33 crore for the year ended March 31, 2017.


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