Stock Report

ABB India Ltd H1CY2021 net profit climbs to Rs. 211.59 crores



Posted On : 2021-07-28 18:14:23( TIMEZONE : IST )

ABB India Ltd H1CY2021 net profit climbs to Rs. 211.59 crores

ABB India Limited has reported financial results for the period ended June 30, 2021.

Financial Results (Q2 CY2021) - QoQ Comparison

The company has reported total income of Rs.1450.17 crores during the period ended June 30, 2021 as compared to Rs.1654.41 crores during the period ended March 31, 2021.

The company has posted net profit / (loss) of Rs.70.26 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.141.33 crores for the period ended March 31, 2021.

The company has reported EPS of Rs.3.31 for the period ended June 30, 2021 as compared to Rs.6.67 for the period ended March 31, 2021.

FinancialsQ2 CY2021Q1 CY2021% Change
Total Income₹ 1450.17 crs₹ 1654.41 crsDown Tick -12.35%
Net Profit₹ 70.26 crs₹ 141.33 crsDown Tick -50.29%
EPS₹ 3.31₹ 6.67Down Tick -50.37%

Financial Results (Q2 CY2021) - YoY Comparison

The company has reported total income of Rs.1450.17 crores during the period ended June 30, 2021 as compared to Rs.1012.40 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.70.26 crores for the period ended June 30, 2021 as against net profit / (loss) of Rs.16.28 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.3.31 for the period ended June 30, 2021 as compared to Rs.0.77 for the period ended June 30, 2020.

FinancialsQ2 CY2021Q2 CY2020% Change
Total Income₹ 1450.17 crs₹ 1012.40 crsUp Tick 43.24%
Net Profit₹ 70.26 crs₹ 16.28 crsUp Tick 331.57%
EPS₹ 3.31₹ 0.77Up Tick 329.87%

Financial Results (6 months ended CY 2021) - YoY Comparison

The company has reported total income of Rs.3104.58 crores during the 6 months period ended June 30, 2021 as compared to Rs.2580.42 crores during the 6 months period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.211.59 crores for the 6 months period ended June 30, 2021 as against net profit / (loss) of Rs.80.92 crores for the 6 months period ended June 30, 2020.

The company has reported EPS of Rs.9.98 for the 6 months period ended June 30, 2021 as compared to Rs.3.81 for the 6 months period ended June 30, 2020.

Financials6 Months Ended CY20216 Months Ended CY2020% Change
Total Income₹ 3104.58 crs₹ 2580.42 crsUp Tick 20.31%
Net Profit₹ 211.59 crs₹ 80.92 crsUp Tick 161.48%
EPS₹ 9.98₹3.81Up Tick 161.94%

Shares of ABB India Limited was last trading in BSE at Rs. 1696.25 as compared to the previous close of Rs. 1670.55. The total number of shares traded during the day was 14632 in over 2369 trades.

The stock hit an intraday high of Rs. 1706.3 and intraday low of 1653.05. The net turnover during the day was Rs. 24620273.

Source : Equity Bulls

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