ABB reports 22% fall in Q2 net profit

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

12 Aug 2013 Evaluate

ABB has reported results for second quarter ended June 30, 2013.

The company has reported 21.87% fall in its net profit at Rs 40.34 crore for the quarter as compared to Rs 51.63 crore for the same quarter in the previous year. Total income from operations of the company has decreased by 7.42% at Rs 1745.42 crore for quarter under review as compared to Rs 1885.21 crore for the quarter ended June 30, 2012.

ABB is a global leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact.

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