Stock Report

ABB Power Products and Systems India Ltd Q3CY21 PAT at Rs. 34.32 crores



Posted On : 2021-10-22 17:24:51( TIMEZONE : IST )

The Board of Directors of ABB Power Products and Systems India Limited, at its meeting held today have approved the unaudited Standalone financial results of the company for the period ended September 30, 2021.

For the quarter ended September 30, 2021(Q3 CY2021), the company's total income was ₹ 850.60 crore, against ₹946.31 crore in the corresponding quarter of the previous year (YoY) and ₹796.82 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q3 CY2021), the company's net profit / (loss) was ₹34.32 crore, against ₹4.76 crore in the corresponding quarter of the previous year (YoY) and ₹16.30 crore in previous quarter (QoQ).

For the quarter ended September 30, 2021(Q3 CY2021), the company's Earnings Per Share (EPS) was ₹8.10, against ₹1.12 in the corresponding quarter of the previous year (YoY) and ₹3.85 in previous quarter (QoQ).

Financials Q3 CY2021 Q2 CY2021 QoQ % Change Q3 CY2020 YoY % Change
Total Income ₹ 850.60 crs ₹796.82 crs Up Tick / Down Tick6.75% ₹946.31 crs Up Tick / Down Tick-10.11%
Net Profit ₹34.32 crs ₹16.30 crs Up Tick / Down Tick110.55% ₹4.76 crs Up Tick / Down Tick621.01 %
EPS ₹8.10 ₹3.85 Up Tick / Down Tick110.39% ₹1.12 Up Tick / Down Tick623.21%

For the 9 Months period ended September 30, 2021(9 Months Ended CY 2021), the company's total income was ₹2671.19 crore, against ₹2395.22 crore in the previous year (YoY) (9 Months Ended CY 2020).

The net profit / (loss) was at ₹90.06 crore for the 9 Months period ended September 30, 2021 (9 Months Ended CY 2021), compared to ₹44.84 crore in the previous year (YoY) (9 Months Ended CY 2020).

The Earnings Per Share stood at ₹21.25 for the 9 Months period ended September 30, 2021 (9 Months Ended CY 2021), against ₹10.57 in the previous year (YoY) (9 Months Ended CY 2020).

Financials 9 Months Ended CY2021 9 Months Ended CY2020 % Change
Total Income ₹2671.19 crs ₹2395.22 crs Up Tick / Down Tick11.52%
Net Profit ₹90.06 crs ₹44.84 crs Up Tick / Down Tick100.85%
EPS ₹21.25 ₹10.57 Up Tick / Down Tick101.04%

Shares of ABB Power Products and Systems India Limited was last trading in BSE at Rs. 2440.70 as compared to the previous close of Rs. 2484.05. The total number of shares traded during the day was 2971 in over 1198 trades.

The stock hit an intraday high of Rs. 2563.90 and intraday low of 2380.00. The net turnover during the day was Rs. 7322254.00.

Source : Equity Bulls

Keywords

ABBPowerProductsandSystemsIndia Q3CY21 9MCY21 ResultUpdate