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ABB India reports 78% rise in Q3 net profit

06 Nov 2013 Evaluate

ABB India has reported results for the third quarter ended September 30, 2013.

The company has reported 78.15% rise in its net profit at Rs 38.07 crore for the quarter as compared to Rs 21.37 crore for the same quarter in the previous year. However , total income of the company has decreased by 1.26% at Rs 1786.82 crore for quarter under review as compared to Rs  1809.56 crore for the quarter ended September 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.

Peers
Company Name CMP
Waaree Energies 2503.95
Apar Industries 17070.25
Havells India 1091.95
Suzlon Energy 42.13
Siemens 3748.10
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