Engineering and power firm ABB India Tuesday reported over 13 per cent jump in its net profit to Rs 116.19 crore during the quarter ended March 31, 2019, helped by higher income.
The company, which follows January-December financial year, had posted a net profit of Rs 102.49 crore during the corresponding period a year ago.
During January-March 2019, the company said its total income rose to Rs 1,869.37 crore, from Rs 1,589.27 crore in the year-ago quarter.
Its total expenses during the period was Rs 1,730.68 crore as against Rs 1,519.37 crore a year ago.
ABB is a global player in electrification products, robotics and motion, industrial automation and power grids.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app