ABB India reports 31% rise in Q3 net profit

ABB India has reported results for third quarter ended September 30, 2015.

The company has reported 30.59% rise in its net profit at Rs 58.74 crore for the quarter ended September 30, 2015 as compared to Rs 44.98 crore for the same quarter in the previous year. The total income of the company has increased by 6.69% at Rs 1969.49 crore for the quarter under review as compared to Rs 1846.02 crore in the corresponding quarter of the previous year.

ABB is a leader in power and automation technologies that enable utility, industry, and transport and infrastructure customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in roughly 100 countries and employs about 140,000 people.