ABB India reports net profit of Rs. 459.29 crores in Q1 CY2024

ABB India Limited has reported Standalone financial results for the period ended March 31, 2024.

Financial Results (Q1 CY2024) - QoQ Comparison

The company has reported total income of Rs. 3167.50 crores during the period ended March 31, 2024 as compared to Rs. 2835.08 crores during the period ended December 31, 2023.

The company has posted net profit / (loss) of Rs. 459.29 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs. 338.66 crores for the period ended December 31, 2023.

The company has reported EPS of Rs. 21.68 for the period ended March 31, 2024 as compared to Rs. 15.98 for the period ended December 31, 2023.

Financials	Q1 CY2024	Q4 CY2023	% Change
Total Income	₹3167.50 crs	₹2835.08 crs	11.73%
Net Profit	₹459.29 crs	₹338.66 crs	35.62%
EPS	₹21.68	₹15.98	35.67%

Financial Results (Q1 CY2024) - YoY Comparison

The company has reported total income of Rs.3167.50 crores during the period ended March 31, 2024 as compared to Rs.2483.46 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs.459.29 crores for the period ended March 31, 2024 as against net profit / (loss) of Rs.244.89 crores for the period ended March 31, 2023.

The company has reported EPS of Rs.21.68 for the period ended March 31, 2024 as compared to Rs.11.56 for the period ended March 31, 2023.

Financials	Q1 CY2024	Q1 CY2023	% Change
Total Income	₹3167.50 crs	₹2483.46 crs	27.54%
Net Profit	₹459.29 crs	₹244.89 crs	87.55%
EPS	₹21.68	₹11.56	87.54%

Shares of ABB India Limited was last trading in BSE at Rs. 7190.05 as compared to the previous close of Rs. 6887.85. The total number of shares traded during the day was 14090 in over 3307 trades.

The stock hit an intraday high of Rs. 7215.00 and intraday low of 6805.00. The net turnover during the day was Rs. 99627295.00.

Source : Equity Bulls

Keywords

ABB ndia Q1CY24 CY2024 ResultUpdate