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EquityWireABB India Jul-Sept PAT rises 21% YoY, but lower than mkt estimate

ABB India Jul-Sept PAT rises 21% YoY, but lower than mkt estimate

This story was originally published at 18:40 IST on 4 November 2024
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Informist, Monday, Nov. 4, 2024

MUMBAI - ABB India Ltd.'s Jul-Sept net profit rose over 21% to INR 4.40 billion from INR 3.63 billion a year ago, but fell short of market expectations of INR 4.81 billion. Revenue for the quarter was INR 29.12 billion against INR 27.69 billion year ago.

* ABB India Jul-Sept net profit INR 4.40 bln vs INR 3.63 bln year ago
* Analysts saw ABB India Jul-Sept net profit INR 4.81 bln
* ABB India Jul-Sept revenue INR 29.12 bln vs INR 27.69 bln year ago
* ABB India Jan-Sept net profit INR 13.43 bln vs INR 9.03 bln year ago 
* ABB India Jan-Sept revenue INR 88.23 bln vs INR 76.89 bln year ago
 

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