ABB India reports net profit of Rs. 338.66 crores in Q4 CY2023

ABB India Limited has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q4 CY2023) - QoQ Comparison

The company has reported total income of Rs. 2835.08 crores during the period ended December 31, 2023 as compared to Rs. 2846.01 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 338.66 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 362.87 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 15.98 for the period ended December 31, 2023 as compared to Rs. 17.12 for the period ended September 30, 2023.

Financials	Q4 CY2023	Q3 CY2023	% Change
Total Income	₹ 2835.08 crs	₹2846.01 crs	-0.38%
Net Profit	₹338.66 crs	₹362.87 crs	-6.67%
EPS	₹15.98	₹17.12	-6.66%

Financial Results (Q4 CY2023) - YoY Comparison

The company has reported total income of Rs. 2835.08 crores during the period ended December 31, 2023 as compared to Rs.2496.92 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.338.66 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.305.32 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.15.98 for the period ended December 31, 2023 as compared to Rs.14.41 for the period ended December 31, 2022.

Financials	Q4 CY2023	Q4 CY2022	% Change
Total Income	₹ 2835.08 crs	₹2496.92 crs	13.54%
Net Profit	₹338.66 crs	₹305.32 crs	10.92%
EPS	₹15.98	₹14.41	10.90%

Financial Results (Year Ended CY2023) - YoY Comparison

The company has reported total income of Rs.10748.21 crores during the Calendar Year ended December 31, 2023 as compared to Rs.8747 crores during the Calender Year ended December 31, 2022.

The company has posted net profit / (loss) of Rs.1242.05 crores for the Calendar Year ended December 31, 2023 as against net profit / (loss) of Rs.1016.23 crores for the Calender Year ended December 31, 2022.

The company has reported EPS of Rs.58.61 for the Calendar Year ended December 31, 2023 as compared to Rs.47.96 for the Calender Year ended December 31, 2022.

Financials	Year Ended CY2023	Year Ended CY2022	% Change
Total Income	₹10748.21 crs	₹8747 crs	22.88%
Net Profit	₹1242.05 crs	₹1016.23 crs	22.22%
EPS	₹58.61	₹47.96	22.21%

Shares of ABB India Limited was last trading in BSE at Rs. 4522.10 as compared to the previous close of Rs. 4491.60. The total number of shares traded during the day was 6018 in over 1491 trades.

The stock hit an intraday high of Rs. 4545.00 and intraday low of 4468.80. The net turnover during the day was Rs. 27165507.00.

Source : Equity Bulls

Keywords

ABBIndia Q4CY23 CY2023 ResultUpdate