Abbott India reports 73% surge in Q2 net profit

Abbott India has reported results for second quarter ended June 30, 2012.

The company has reported a rise of 72.63% in its net profit at Rs 29.52 crore for the quarter under review as compared to Rs 17.10 crore for the same quarter in the previous year. The total income from operation of the company has increased by 14.20% at Rs 411.82 crore for Q2FY13 as compared Rs 360.62 crore for the corresponding quarter previous year.

Abbott India is healthcare company that discovers, develops, manufactures and markets innovative products and services. In 1888 a young Chicago physician, Dr Wallace Calvin Abbott founded Abbott Laboratories.