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ABB India has reported results for second quarter ended June 30, 2020.

The company has reported 76.66% fall in its net profit of Rs 16.28 crore for the quarter under review as against Rs 69.74 crore for the same quarter in the previous year. Total income of the company decreased 42.02% at Rs 1012.40 crore for June quarter as compared Rs 1746.12 crore for the corresponding quarter of previous year.

ABB India is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally.

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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