ABB India reports 31% rise in Q1 net profit

26 Apr 2016 Evaluate

ABB India has reported result for the first quarter ended March 31, 2016.

The company has posted a rise of 30.74% in its net profit at Rs 70.98 crore for the quarter ended March 31, 2016 as compared to Rs 54.29 crore for the same quarter in the previous year. Total income of the company has increased by 11.01% at Rs 2015.08 crore for quarter under review as compared to Rs 1815.29 crore for the quarter ended March 31, 2015.

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.

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