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ABB India Q2FY25 results: Net profit increases 21% to Rs 440 crore

Business Standard LogoBusiness Standard2w ago

ABB India Q2FY25 results: Net profit increases 21% to Rs 440 crore - Business Standard

Quick Summary:

ABB India on Monday reported over 21 per cent rise in profit after tax at Rs 440 crore for the third quarter ended September 30, pushed by higher income.

The quarter was marked by record levels of backlog complemented by a strong book to bill and cash," the company's Managing Director, Sanjeev Sharma said in a statement.

It had posted Rs 362 core profit after tax (PAT) in July-September period a year ago, the company said in an exchange filing


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 19:22:01 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 380 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23397343

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 274 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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Publisher ID: #49

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